Brief: Roper Technologies To Acquire Transact Campus

Roper Technologies

15/08/2024 14:29

Aug 15 (Reuters) - Roper Technologies Inc  ROP.O :
    * ROPER TECHNOLOGIES TO ACQUIRE TRANSACT CAMPUS
    * PROPOSED DEAL FOR NET PURCHASE PRICE OF $1.5 BILLION,
    * WILL FUND ACQUISITION USING ITS CASH ON HAND AND REVOLVING
CREDIT FACILITY
    * EXPECTS TRANSACT TO DELIVER LONG-TERM HIGH SINGLE-DIGIT
ORGANIC
REVENUE GROWTH
    * TRANSACT IS EXPECTED TO CONTRIBUTE APPROXIMATELY $325
MILLION OF
REVENUE AND $105 MILLION OF EBITDA IN 2025

Source text for Eikon:  ID:nGNX5431v0 
Further company coverage:  ROP.O 

 ((Reuters.Briefs@thomsonreuters.com;))