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Roper Technologies to acquire financial software provider PowerPlan for $1.1B
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Roper Technologies Inc. agreed to acquire software provider PowerPlan for $1.1 billion in cash.
The target's products integrate financial and operational data to enhance efficiency, minimize taxes, improve cash flow and mitigate compliance risk.
The transaction is expected to close in the second quarter, subject to regulatory approval and customary closing conditions.
PowerPlan is a portfolio company of private equity firm Thoma Bravo LLC.