Sarasota, Florida, June 4, 2018 ... Roper Technologies, Inc. (NYSE: ROP), a diversified technology company, today announced that it has completed its previously announced acquisition of PowerPlan. The Company funded the transaction with its revolving credit facility and cash on hand. PowerPlan is a leading provider of software and solutions for asset-centric companies, enabling its customers to optimize their financial performance and achieve regulatory compliance.
“We are excited to officially welcome PowerPlan to the Roper family,” said Brian Jellison, Roper’s Chairman, President, and CEO. “PowerPlan is an outstanding company and enjoys clear leadership in its niche market with numerous growth opportunities and a strong financial profile.”
Read the official press release on Roper Technologies' website: http://www.ropertech.com/roper-technologies-completes-acquisition-powerplan
About PowerPlan: For more than 25 years, PowerPlan has helped North American energy companies make the right financial decisions which improve lives and powers the world. Through our industry-leading expertise, innovative technology and vast experience listening to and working in tandem with our customers, PowerPlan software sets the standard that CFOs can count on for financial clarity for energy organizations of all sizes. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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