Roper Technologies Acquires CentralReach for $1.65 Billion

Roper Technologies has announced a definitive agreement to acquire CentralReach from Insight Partners for approximately $1.65 billion, which includes a $200 million tax benefit. This strategic move aims to enhance Roper's position in the cloud-native software market, particularly in the healthcare sector focused on Applied Behavior Analysis (ABA) therapy. Roper anticipates that CentralReach will contribute about $175 million in revenue and $75 million in EBITDA for the twelve months ending June 30, 2026, and expects sustainable organic growth of over 20% from the acquisition. The deal is set to close in April or May 2025, pending regulatory approval. Funding for the acquisition will come from Roper's revolving credit facility, which may impact its leverage ratios in the short term. Overall, this acquisition is seen as a way to bolster Roper's SaaS offerings and capitalize on the increasing demand for specialized healthcare software solutions.