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Roper Technologies to buy law firm software provider for $625M

Oct. 08, 2015 7:30 AM ETRoper Technologies, Inc. (ROP) StockBy: Carl Surran, SA News Editor
  • Roper Technologies (NYSE:ROP) agrees to acquire Aderant Holdings, a provider of business management software for legal and other professional services firms, from P-E firm Madison Dearborn Partners for $675M.
  • ROP expects the deal to be immediately cash accretive and generate ~$125M of revenue in 2016.

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