M&A Deal Summary

Roper Technologies Acquires Strata Decision Technology

On January 23, 2015, Roper Technologies acquired software company Strata Decision Technology from VSS Capital Partners

Acquisition Highlights
  • This is Roper Technologies’ 4th transaction in the Software sector.
  • This is Roper Technologies’ 16th transaction in the United States.
  • This is Roper Technologies’ 1st transaction in Illinois.

M&A Deal Summary
Date 2015-01-23
Target Strata Decision Technology
Sector Software
Buyer(s) Roper Technologies
Sellers(s) VSS Capital Partners
Deal Type Add-on Acquisition

Target

Strata Decision Technology

Champaign, Illinois, United States
Strata Decision Technology develops, markets and implements web-based financial analytics and performance management software tools used primarily by U.S. hospitals and healthcare systems to enhance their financial planning, budgeting, and reporting processes.

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Buyer(S) 1

Buyer

Roper Technologies

Sarasota, Florida, United States
Category Company
Founded 1981
Sector Information Technology
Employees16,800
Revenue 6.2B USD (2023)
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 19 of 37
Sector (Software) 4 of 14
Type (Add-on Acquisition) 19 of 37
State (Illinois) 1 of 3
Country (United States) 16 of 32
Year (2015) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-27 IPA

Madison Heights, Michigan, United States

IPA LLC is a manufacturer of automated scrub suit and linen dispensing equipment for acute care hospitals a manufacturer of automated scrub suit and linen dispensing equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-05 SoftWriters

Allison Park, Pennsylvania, United States

SoftWriters, Inc. is a software solution provider servicing pharmacies that provide care to long term post-acute care patients, assisted living residents, independent living residents, pharmacies servicing group homes, correctional facilities, specialty pharmacies, and pharmacies servicing 340B contracts.

Buy $450M

Seller(S) 1

SELLER

VSS Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

VSS Capital Partners is a private equity firm that targets investments in the media, communications, education, and information services sectors. VSS looks for opportunities with valuable brand franchises, stable cash flows, and infrastructure to support add-ons. The Firm will consider businesses throughout North America and Europe valued between $50 and $750 million. Prospective investment situations include management buyouts/buy-ins, expansion or acquisition financings, recapitalizations, build-ups, going private transactions, and partnerships. VSS was formed in 1981 and is based in New York City.

DEAL STATS #
Overall 38 of 56
Sector (Software) 2 of 6
Type (Add-on Acquisition) 13 of 22
State (Illinois) 5 of 5
Country (United States) 28 of 43
Year (2015) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 Clarion Events

London, United Kingdom

Clarion is an event organizer, producing and delivering innovative and market-leading events since 1947. In more recent times the firm has grown into a truly international business, with a portfolio of events and media brands across a range of vertical markets.

Sell £200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-29 Cast & Crew

Burbank, California, United States

Cast & Crew is a provider of software and services to the entertainment production industry. Cast & Crew's software products and services assist in the areas of payroll & human resources, accounting & financial, and workflow & productivity. Cast & Crew was founded in 1976 and is based in Burbank, California.

Sell -
Mergr

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