AcquisitionsROP announced a $1.5B acquisition of Transact Campus at an attractive valuation of 5x revenue and 14x EBITDA.
Market PositioningRoper operates a collection of leading vertical software franchises, each with unique market positioning, high customer loyalty, and strong cash flow.
Revenue PerformanceEnterprise software bookings showed better than expected high single-digit organic growth, driven by Aderant, Vertafore, Strata, and Frontline.