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: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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