Roper Technologies Completes Acquisition Of PowerPlan
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