Announced
Completed
Financials
Tags
Education Services
Software
Friendly
Single Bidder
United States
Majority
Acquisition
Private
educational software
Domestic
Private Equity
Completed
Synopsis
Roper Technologies, a diversified technology company, completed the acquisition of Frontline Education, a developer of cloud-based educational software, from Thoma Bravo and Insight Partners, two private equity firms, for $3.7bn. "We are deeply appreciative of Thoma Bravo's partnership over the last five years and the countless contributions from our dedicated team members, which have allowed us to deliver an expanded portfolio of mission-critical solutions for our clients. Roper's acquisition of Frontline Education represents the next phase of our journey, as we stay true to our culture and mission of partnering with K-12 schools in their pursuit of excellence," Mark Gruzin, Frontline Education CEO.
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