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Roper Tech acquires PowerPlan for $1.1B

May 21, 2018 8:06 AM ETRoper Technologies, Inc. (ROP) StockBy: Brandy Betz, SA News Editor1 Comment
  • Roper Technologies (NYSE:ROP) will acquire software company PowerPlan for $1.1B in cash. Deal is expected to close in Q2.
  • PowerPlan provides enterprise solutions for taxes, regulations, and budgeting.
  • PowerPlan was owned by private equity firm Thoma Bravo. In 2016, Roper bought Bravo’s business software company Daltek for $2.8B. 
  • Roper says the deal is immediately accretive to FCF and expects PowerPlan to generate about $150M in revenue and $60M in FCF within the first year of ownership.  

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