Mergers & AcquisitionsBy The Online Investor Staff, updated Mon., Sep. 21, 12:16 AM
|This Slide: #57 of 100|
Slide #57. Roper Technologies, Inc. — Vertafore
Roper Technologies, Inc. (NYSE:ROP)
Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, today announced that it has completed its previously announced acquisition of Vertafore. Roper funded the transaction using its cash on hand, revolving credit facility, and new debt. Vertafore is a leading provider of SaaS solutions for the property and casualty insurance industry.
Roper Technologies designs and develops software and engineered products and solutions for a variety of end markets. Co. has four segments: Application Software, which includes Aderant, CBORD, CliniSys, and Data Innovations; Network Software and Systems, which includes ConstructConnect, DAT, Foundry, Inovonics; Measurement and Analytical Solutions, which includes Alpha, CIVCO Medical Solutions, CIVCO Radiotherapy, Dynisco, FMI, Hansen, Hardy, IPA, Logitech, Neptune, Northern Digital, Struers, Technolog, Uson, Verathon; and Process Technologies, which includes AMOT, CCC, Cornell, FTI, Metrix, PAC, Roper Pump, Viatran, Zetec.
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Buy (2.78 out of 4)
(ranked lower than approx. 75% of all stocks covered)
Based on Zacks ABR data;
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