M&A Deal Summary

Roper Technologies Acquires The CBORD Group

On March 17, 2008, Roper Technologies acquired technology hardware company The CBORD Group from Sterling Investment Partners for 367M USD

Acquisition Highlights
  • This is Roper Technologies’ 2nd transaction in the Technology Hardware sector.
  • This is Roper Technologies’ 18th largest (disclosed) transaction.
  • This is Roper Technologies’ 7th transaction in the United States.
  • This is Roper Technologies’ 1st transaction in New York.

M&A Deal Summary

Date 2008-03-17
Target The CBORD Group
Sector Technology Hardware
Buyer(s) Roper Technologies
Sellers(s) Sterling Investment Partners
Deal Type Add-on Acquisition
Deal Value 367M USD
Advisor(s) Gridley & Company LLC (Financial)

Target

The CBORD Group

Ithaca, New York, United States
website
The CBORD Group serves colleges and universities, health care facilities, corporations, chain restaurants, supermarkets and a host of other market segments. CBORD products are used in food service, catering, nutrition services, campus ID card privilege control, access control and electronic security, housing services, cashless dining, online ordering, and other institution-wide activities.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Roper Technologies

Sarasota, Florida, United States

website


Category Company
Founded 1981
Sector Information Technology
Employees18,400
Revenue 5.4B USD (2022)
DESCRIPTION

Roper Technologies is a diversified technology company. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Roper Technologies was founded in 1981 and is based in Sarasota, Florida.


DEAL STATS #
Overall 9 of 36
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 9 of 36
State (New York) 1 of 1
Country (United States) 7 of 31
Year (2008) 1 of 2
Size (of disclosed) 18 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-15 Dynisco

Franklin, Massachusetts, United States

Dynisco LLC is a provider of software and highly engineered test, measurement and control technologies utilized in process industries with emerging applications in life science.

Buy $243M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-27 Horizon Software International

Duluth, Georgia, United States

Horizon Software International LLC is a provider of technology solutions that enable operational improvements while providing significant cost savings for your program. Horizon delivers truly integrated solutions designed for ease of use and effective, reliable performance.

Buy -

Seller(S) 1

SELLER

Sterling Investment Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1991
PE ASSETS 2.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sterling Investment Partners is a private equity firm that seeks investments in middle-market businesses with strong market share and high growth potential. Sterling looks for companies generating revenues of $50 to $500 million and EBITDA of $15 to $50 million. Sectors of interest include outsourcing/business services, niche manufacturing & industrial, transportation & logistics, unique distribution, technology-related, energy services, and consumer products & services. Sterling Investment Partners dates back to 1991 and is based in Westport, Connecticut.


DEAL STATS #
Overall 7 of 22
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (New York) 1 of 2
Country (United States) 7 of 22
Year (2008) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-25 Magnatrax

Alpharetta, Georgia, United States

Magnatrax a provider of custom-engineered metal building systems for the growing North American non-residential construction market. Via its American Buildings Company, Kirby Buildings Systems, Gulf States Manufacturers and CBC Steel Buildings subsidiaries and divisions, Magnatrax primarily sells, engineers and fabricates custom metal building systems, which include primary and secondary wall and roof panels, trim and accessories.

Sell $280M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-02 Miller Heiman

Chicago, Illinois, United States

Miller Heiman is a sales performance training and consulting firm, serving clients in over 35 countries and working with some of the most respected companies in the world. Miller Heiman was formed in 1960 and is based in Chicago, Illinois.

Buy -