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Announced

Completed

Roper Technologies completed the acquisition of Vertafore from Bain Capital and Vista Equity Partners for $5.35bn.

Financials

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Transaction Value£4,103m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA17.8x
Share Price Premium-
One Off Charge-

Tags

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Completed

Domestic

Acquisition

Friendly

Private

software development

Majority

Single Bidder

United States

Software

Private Equity

Synopsis

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Roper Technologies, a provider of modern insurance technology, completed the acquisition of Vertafore, an enterprise software solutions provider, from private equity firms Bain Capital and Vista Equity Partners for $5.35bn. "In Roper we have found a partner who shares both our vision and our values. Their acquisition of Vertafore is validation of our strategy to provide innovative and critical solutions to our customers. Roper’s long-term mindset and proven model in selecting niche market leaders offers Vertafore a platform from which we can accelerate our commitment to helping our customers further modernize their operations. We are excited to have found a permanent home for our great company," Amy Zupon, Vertafore CEO.

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