Roper Technologies to Acquire Transact Campus

Roper Technologies Inc. is set to acquire Transact Campus in a deal valued at $1.5 billion. The acquisition will be financed through cash on hand and a revolving credit facility. Transact is projected to offer long-term high single-digit organic revenue growth, contributing $325 million in revenue and $105 million in EBITDA by 2025.


Devdiscourse News Desk | Updated: 15-08-2024 19:05 IST | Created: 15-08-2024 19:05 IST
Roper Technologies to Acquire Transact Campus
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Roper Technologies Inc. has announced its plans to acquire Transact Campus, a deal valued at a net purchase price of $1.5 billion.

This acquisition will be funded through Roper's cash reserves and a revolving credit facility, ensuring a solid financial foundation for the transaction.

Transact is expected to significantly contribute $325 million in revenue and $105 million in EBITDA by 2025, with long-term expectations for high single-digit organic revenue growth.

(With inputs from agencies.)

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