Roper Technologies to acquire Procare Solutions from Warburg Pincus and TA Associates for $1.86bn.

Roper Technologies, a diversified industrial company, agreed to acquire Procare Solutions, a child care software company, from Warburg Pincus, a private equity firm, and TA Associates, a private equity firm, for $1.86bn. "Our mission at Procare is to meet the complete management and family communication needs of all child care organizations, helping centers improve the education of young learners. I am proud of the successes and growth of our company and look forward to working with the Roper team to take us to the next level. I would also like to thank Warburg Pincus and TA for their support and partnership, resulting in this exciting new chapter for our company. Through our partnership, we have achieved incredible growth and had substantial impact on the child care industry, providing essential technology and automation tools for centers and families to navigate everything from addressing day-to-day needs to managing child care through a global pandemic," JoAnn Kintzel, Procare Solutions CEO.