By Denny Jacob
Roper Technologies agreed to acquire CentralReach from InsightPartners for around $1.65 billion.
Roper on Monday said it expects CentralReach, a cloud-native software provider, to deliver sustainable 20% or higher organic revenue and earnings before interest, taxes, depreciation, and amortization growth.
The Sarasota, Fla., company noted CentralReach is expected to contribute around $175 million of revenue and $75 million of Ebitda for the 12 months ending June 30, 2026, and will be reported in its application-software segment.
The transaction, which will be funded using Roper's revolving credit facility, is expected to close in April or May.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 24, 2025 08:54 ET (12:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。