Roper To Acquire PowerPlan For Financial Compliance Management

5/25/18

Quick Take

Roper Technologies (ROP) has announced an agreement to acquire PowerPlanfor $1.1 billion.

PowerPlan has developed a suite of applications that enable businesses to view their data through different compliance lenses.

ROP has been acquiring cash flow positive, niche businesses and PowerPlan fits that description. However, the firm has significant debt and I have my doubts as to the continued strength of the macro economy.

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