Roper Technologies acquired Vertafore for approximately $5.35 billion, a transaction completed in September 2020, structured as all cash.
Vertafore operates in Application Software (P&C insurance), is based in Denver, Colorado.
Vertafore retains its name, brands, and office locations; management team led by CEO Amy Zupon continues to lead from Denver
Vertafore is a fantastic business characterized by clear leadership in its niche market, a strong management team, high customer retention, and a long track record of consistent revenue and cash flow growth. The acquisition of Vertafore is a great example of our disciplined capital deployment strategy which focuses on durable, long-term cash flow compounding. We look forward to welcoming Vertafore to the Roper family.Neil Hunn, Roper's President and CEO
Advisory firms were not disclosed for this transaction.