Area technology company to acquire firm for $5.35 billion

Vertafore’s software provides agency management, compliance, workflow and data solutions for the property and casualty insurance industry.

  • By Business Observer Staff
  • | 2:32 p.m. August 13, 2020
File. In a statement, Roper President and CEO Neil Hunn says, “The acquisition of Vertafore is a great example of our disciplined capital deployment strategy which focuses on durable, longterm cash flow compounding.”
File. In a statement, Roper President and CEO Neil Hunn says, “The acquisition of Vertafore is a great example of our disciplined capital deployment strategy which focuses on durable, longterm cash flow compounding.”
  • Manatee-Sarasota
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LAKEWOOD RANCH — Diversified technology company Roper Technologies Inc. has reached a definitive agreement to acquire Vertafore in an all-cash transaction valued at approximately $5.35 billion.

 

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