Firm adds $535M in revenue with acquisition

LAKEWOOD RANCH — Roper Technologies Inc. plans to acquire a global software company before the end of the year for $2.8 billion in cash.

Deltek marks the latest acquisition in a push to expand Lakewood Ranch-based Roper's application software capabilities, says Brian Jellison, the company's CEO.

Deltek is expected to generate $535 million in revenue and $200 million in earnings before interest, taxes, depreciation and amortization in 2017, Roper says.