Roper Technologies Inc

NYSE:ROP   3:59:50 PM EDT
372.36
+12.72 (+3.54%)
Debt Financing / Related, Mergers / Acquisitions

Roper Technologies To Acquire Frontline Education

Published: 08/30/2022 11:07 GMT
Roper Technologies Inc (ROP) - Roper Technologies to Acquire Frontline Education.
Roper Technologies to Acquire Frontline Education.
Roper Technologies Inc- Transaction Valued at Approximately $3.725 Billion.
Roper Technologies Inc - Anticipates Funding Transaction Using Its Cash on Hand and Revolving Credit Facility.
Roper Technologies Inc - Frontline is Expected to Contribute Approximately $370 Million of Revenue and $175 Million of EBITDA in 2023.
Roper Technologies Inc- Frontline's Name, Brands, and Office Locations Will Not Change As a Result of Transaction.
Roper Technologies Inc- Frontline's Management Team Will Continue to Lead Business From Its Malvern, Pennsylvania Headquarters.
Roper Technologies Inc - Roper Expects Frontline's Annual Unlevered Free Cash Flow to Be Approximately 100% of EBITDA.
Roper Technologies Inc- Frontline's Name, Brands, and Office Locations Will Not Change As a Result of Transaction.