Roper Technologies, Inc.

Roper Technologies, Inc. is a diversified technology company that designs and develops vertical software and technology-enabled products for various niche markets. The company aims for consistent and sustainable growth in revenue, earnings, and cash flow by improving its businesses' operating performance and acquiring high value-added software, services, technology-enabled products, and solutions that can grow while maintaining high margins. Roper competes in many defensible niche markets, where it believes it is either the market leader or a competitive alternative. In the last three years, Roper deployed approximately $8,960 of capital toward acquisitions. In 2025, this included approximately $1,850 for CentralReach, a provider of Software-as-a-Service ("SaaS") and AI-enabled solutions for applied behavior analysis ("ABA") therapy clinicians, and approximately $800 for Subsplash, a provider of AI-enabled SaaS and integrated giving solutions for faith-based organizations. In 2024, acquisitions included approximately $1,860 for Procare, a provider of SaaS solutions and integrated payment processing for early childhood education centers, and approximately $1,600 for Transact Campus, a provider of integrated campus technology and payment solutions for higher education, healthcare, and business campuses, which was combined with the CBORD business. In 2023, approximately $1,380 was deployed for Syntellis, a provider of SaaS solutions for healthcare, financial institution, and higher education providers, which was combined with the Strata business. Additionally, approximately $1,470 was deployed toward other bolt-on acquisitions.