Roper Technologies has acquired Startup CentralReach, a healthcare-focused software, from Insight Partners, for approximately $1.65 billion. The company announced on Monday. This move appears to offset slower enterprise spending and contract renewal delays, which deepens the push to Roper’s vertical software.
“CentralReach meets each of its long-standing acquisition criteria, but has the ability to expand margins under a structurally fast organic growth profile and long-term ownership of Roper,” said Roper CEO Neil Hunn. He also highlighted Sentry Reach’s strong position in the niche market and its repeated, highly profitable mix.
Supported by Insight Partners, CentralReach is building software tools for therapists who work with individuals diagnosed with autism spectrum disorder and other developmental disorders. The platform supports care providers with scheduling, clinical documentation, data collection and claims.
Roper expects the acquisition to add approximately $175 million in revenue and $75 million in EBITDA in the 12 months ending June 30, 2026.
The company is steadily expanding its cloud-based software portfolio. Last year, Roper acquired Procare Solutions, which serves early childhood education centers, and featured it after acquiring a trading campus for $1.5 billion to expand its education business.
According to LSEG data, Roper forecasts revenue growth rates of over 10% this year ahead of analysts’ forecasts of 9.6% this year. Central Reach’s deal is expected to close in April or May 2025, Reuters reported.
Transact Campus provides payments, identification and commercial services to improve your campus life and is integrated with Roper’s Cbord business, specializing in nutrition, security and campus commerce services.
Roper Technologies is known for developing engineering products and solutions for the niche market. The company operates in three major areas: application software, network software and technology-enabled products.
Founded in 1890, Roper began as a manufacturer of home appliances and industrial products. Over the years, the company has grown through acquisitions and strategic change, establishing itself as an industry leader with a solid history of growth and profitability.
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