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Roper Industries Announces Two Acquisitions - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Roper Industries Inc. (ROP) announced that it has signed a definitive agreement to acquire Verathon Inc. Verathon is a global provider of medical devices and services. The Verathon Board of Directors has approved the transaction and the closing is subject to shareholder approval. The parties expect the closing to be completed in early December.

Roper also announced the acquisition of the assets of United Toll Services LLC. United Toll Services provides software and in-lane hardware systems for toll and traffic solutions.

The company said the total investment for these transactions will be approximately $356 million. The company expects these two transactions will add more than $140 million to 2010 revenue with at least $38 million of EBITDA.

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