Roper Technologies should not be confused with Roper (company).
| Roper Technologies, Inc. | |
| Former Name: | Roper Industries, Inc. |
| Type: | Public |
| Industry: | Conglomerate |
| Founder: | George D. Roper |
| Hq Location: | Sarasota, Florida, U.S. |
| Products: | Industrial technology, radio frequency (RF) technology, scientific and industrial imaging, energy systems and controls, and instrumentation |
| Revenue: | (2024) |
| Operating Income: | (2024) |
| Net Income: | (2024) |
| Assets: | (2024) |
| Equity: | (2024) |
| Num Employees: | 18,200 (2024) |
| Subsid: | DAT Solutions |
| Footnotes: | [1] |
Roper Technologies, Inc. is a holding company that owns companies in the technology sector.
The company operates three divisions: Application Software (55% of 2024 revenues), which includes Aderant, Clinisys, Data Innovations, Deltek, Frontline, IntelliTrans, PowerPlan, Procare, Strata, Transact/CBORD, and Vertafore; Network Software (21% of 2024 revenues), which includes ConstructConnect, DAT Solutions, The Foundry Visionmongers, iPipeline, iTradeNetwork, Loadlink, MHA, SHP, and SoftWriters; and Technology Enabled Products (24% of 2024 revenues), which includes CIVCO Medical Solutions, FMI, Inovonics, IPA, Neptune, Northern Digital, rf IDEAS, and Verathon.[1]
George D. Roper founded the company in 1890 as a manufacturer of home appliances, pumps, and other industrial products. He had part ownership of the Van Wie Gas Stove Company of Cleveland. The Van Wie plant moved to Rockford, Illinois and passed into the hands trustees in the early 1890s. George D. Roper became the sole owner of the Van Wie Gas Stove company after the company's debts had been paid off on September 1, 1894. Ten days later, a fire destroyed the facility. The factory was rebuilt and renamed as the Eclipse Gas Stove Company, and later expanded in 1906 to include the Trahern Pump Company, founded in 1857.[2]
In 1957, Roper sold his stove business to Florence Stove Co. of Kankakee, Illinois. The stoves continued to operate under the name George D. Roper, despite the original company changing its name to Roper Pump Company.[2]
In 1966, Roper acquired David Bradley Manufacturing Works from Sears Canada.[3]
In 1981, Dexter Corporation acquired the company.[4]
In 1982, Roper moved his appliance production factory (originally Florence Stove Company) from Kankakee, Illinois to a plant in LaFayette, Georgia. The Kankakee factory was razed in 2016.[5]
In 1988, Electrolux purchased Roper's lawn and garden products division.[6]
In 1989, Whirlpool Corporation acquired the Roper brand.[7]
In 1992, the company once again became a public company via an initial public offering.[8]
Between 2001 and 2018, Brian Jellison, a former executive of General Electric and Ingersoll-Rand, served as CEO.[9]
In April 2015, Roper Industries Inc. changed its corporate name to Roper Technologies, Inc.[10]
| Year | Company | Price | Description of Assets | Ref(s). | ||
|---|---|---|---|---|---|---|
| 1 | Sunquest Information Systems | $1.42 billion | Diagnostic and laboratory software | [11] | ||
| 2 | ConstructConnect | $632 million | Software for the commercial construction industry | [12] | ||
| 3 | Deltek | $2.8 billion | Enterprise software for project-based businesses | [13] | ||
| 4 | Vertafore | $5.35 billion | Software for the property and casualty insurance industry | [14] | ||
| 5 | Frontline Education | $3.725 billion | Administration software for educators in K-12 | [15] | ||
| 6 | Syntellis Performance Solutions | $1.25 billion | Business performance management software, data, and intelligence | [16] | ||
| 7 | Transact Campus | $1.5 billion | Technology services for improving campus life | [17] |
