BRIEF-Roper Technologies To Acquire Transact Campus-March 2024-www.financetom.com

BRIEF-Roper Technologies To Acquire Transact Campus

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BRIEF-Roper Technologies To Acquire Transact Campus

Aug 15, 2024 6:53 AM

Aug 15 (Reuters) - Roper Technologies Inc ( ROP ):

* ROPER TECHNOLOGIES TO ACQUIRE TRANSACT CAMPUS

* PROPOSED DEAL FOR NET PURCHASE PRICE OF $1.5 BILLION,

* WILL FUND ACQUISITION USING ITS CASH ON HAND AND REVOLVING

CREDIT FACILITY

* EXPECTS TRANSACT TO DELIVER LONG-TERM HIGH SINGLE-DIGIT

ORGANIC

REVENUE GROWTH

* TRANSACT IS EXPECTED TO CONTRIBUTE APPROXIMATELY $325

MILLION OF

REVENUE AND $105 MILLION OF EBITDA IN 2025

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Further company coverage:

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