Roper Technologies, a diversified industrial company, completed the acquisition of Syntellis Performance Solutions, a provider of innovative enterprise performance management software, data and intelligence solutions, from Thoma Bravo for $1.25bn. "The Syntellis transaction is another great example of Roper’s disciplined and process-driven acquisition approach. Syntellis is a fantastic business that meets all of our acquisition criteria, including niche market leadership, mission critical solutions, a high recurring revenue mix, strong customer retention, negative working capital, and excellent cash conversion," Neil Hunn, Roper Technologies President and CEO.