Roper Technologies to make $1.65 billion acquisition

A Lakewood Ranch-based software and technology company is acquiring a software provider that specializes in services for those with autism and intellectual and developmental disabilities. Roper Technologies will buy CentralReach from global software investor Insight Partners for $1.65 billion, including a $200 million tax benefit resulting from the transaction, according to a March 24 statement. 

Roper Technologies, which posted $7.04 billion in revenue in 2024, expects Fort Lauderdale-based CentralReach to contribute about $175 million in revenue for the 12 months ending June 30, 2026, the statement says. Central Reach is projected to deliver more than 20% organic revenue and EBIDTA growth annually.

“CentralReach is a fantastic business with clear niche market leadership, mission critical and high ROI solutions, a high recurring revenue mix and outstanding customer retention, which leads to strong organic revenue growth and excellent cash conversion,” Roper President and CEO Neil Hunn says in the statement.