K1 Investment Management, LLC , one of the largest investors in small-cap enterprise software, announced that its portfolio company, Subsplash, has reached a definitive agreement to be acquired by Roper Technologies, Inc. (ROP). The transaction is expected to close in the near term, and marks K1's third exit to a publicly traded strategic buyer in the past year.
Subsplash, started in Seattle by CEO Tim Turner, is a top platform that uses artificial intelligence to help mission-focused groups. It offers tools like mobile apps, media sharing, online donations, group chats, and church management features.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.