Roper Technologies acquired Managed Health Care Associates for approximately $1.0 billion, a transaction completed in June 2013, structured as all cash.
Managed Health Care Associates operates in Network Software (alternate-site healthcare), is based in Florham Park, New Jersey. Managed Health Care Associates (MHA), headquartered in Florham Park, New Jersey, provides services and technologies supporting alternate-site health care providers who deliver care outside the acute-care hospital setting, holding leading positions in niches such as long-term care pharmacies, assisted living facilities, infusion and specialty pharmacies, and other alternate-site providers. Roper acquired MHA to complement and expand its medical software and services platform. The all-cash transaction was valued at $1.0 billion and closed on May 1, 2013, and Roper expected it to be immediately cash accretive and to generate roughly $95 million of EBITDA in the first twelve months.
Advisory firms were not disclosed for this transaction.