Roper Technologies has agreed to acquire healthcare technology firm CentralReach for approximately $1.65 billion from Insight Partners, the company announced on Monday. This acquisition marks a strategic move for Roper as it seeks to strengthen its position amid weak enterprise spending that has delayed contract renewals.
Roper’s CEO, Neil Hunn, highlighted that CentralReach fits the company’s long-standing acquisition criteria, offering fast organic growth potential and the ability to expand margins under Roper’s ownership. CentralReach is recognized for its niche market leadership and high recurring revenue mix.
The deal is expected to contribute around $175 million to Roper’s revenue and $75 million in EBITDA for the 12 months ending June 30, 2026. CentralReach specializes in providing software and services for therapists working with individuals diagnosed with autism spectrum disorder and related intellectual and developmental disabilities.
The transaction is anticipated to close by April or May 2025, and Roper’s shares saw a 1.1% increase in early trading.
