Roper

Deltek Announces CEO Succession Plan

Retrieved on: 
Tuesday, March 5, 2024

HERNDON, Va., March 5, 2024 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, announced today that Bob Hughes will join Deltek as President and CEO to succeed Mike Corkery, Deltek's current President and CEO. Mike will transition to a full-time operating Group Executive role at Roper Technologies, Deltek's parent company, effective April 10, 2024. 

Key Points: 
  • Bob Hughes named next Deltek President and CEO; Mike Corkery transitioning to full-time Roper Technologies operating Group Executive
    HERNDON, Va., March 5, 2024 /PRNewswire/ -- Deltek , the leading global provider of software and solutions for project-based businesses, announced today that Bob Hughes will join Deltek as President and CEO to succeed Mike Corkery , Deltek's current President and CEO.
  • "We are excited to welcome Bob as Deltek's new President and CEO," said Neil Hunn, Roper Technologies' President and CEO .
  • "Serving as CEO of Deltek has been the honor of my professional career, and I am incredibly proud of our accomplishments to date," said Mike Corkery.
  • As a full-time executive at Roper Technologies, Mike Corkery will provide coaching and guidance to several Roper businesses, including Deltek.

Deltek Announces CEO Succession Plan

Retrieved on: 
Tuesday, March 5, 2024

HERNDON, Va., March 5, 2024 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, announced today that Bob Hughes will join Deltek as President and CEO to succeed Mike Corkery, Deltek's current President and CEO. Mike will transition to a full-time operating Group Executive role at Roper Technologies, Deltek's parent company, effective April 10, 2024. 

Key Points: 
  • Bob Hughes named next Deltek President and CEO; Mike Corkery transitioning to full-time Roper Technologies operating Group Executive
    HERNDON, Va., March 5, 2024 /PRNewswire/ -- Deltek , the leading global provider of software and solutions for project-based businesses, announced today that Bob Hughes will join Deltek as President and CEO to succeed Mike Corkery , Deltek's current President and CEO.
  • "We are excited to welcome Bob as Deltek's new President and CEO," said Neil Hunn, Roper Technologies' President and CEO .
  • "Serving as CEO of Deltek has been the honor of my professional career, and I am incredibly proud of our accomplishments to date," said Mike Corkery.
  • As a full-time executive at Roper Technologies, Mike Corkery will provide coaching and guidance to several Roper businesses, including Deltek.

Gotcha Covered welcomes Jason and Heather Roper to family of franchise owners

Retrieved on: 
Tuesday, February 13, 2024

PONCHATOULA, La., Feb. 13, 2024 /PRNewswire/ -- Gotcha Covered, a leader in custom window treatment consultation in the U.S. and Canada, recently welcomed Jason and Heather Roper to their growing list of franchise owners. The couple are the owners and operators of Gotcha Covered of Mandeville Covington, the second location in Louisiana.

Key Points: 
  • PONCHATOULA, La., Feb. 13, 2024 /PRNewswire/ -- Gotcha Covered , a leader in custom window treatment consultation in the U.S. and Canada, recently welcomed Jason and Heather Roper to their growing list of franchise owners.
  • The couple are the owners and operators of Gotcha Covered of Mandeville Covington, the second location in Louisiana.
  • "We are always looking for opportunities to expand the Gotcha Covered brand nationwide," said Paul Linenberg, president of Gotcha Covered.
  • Jason and Heather (Roper) have a tremendous opportunity to showcase to the Mandeville and Ponchatoula communities the importance of having a trusted window treatment business locally.

Roper Technologies to acquire Procare Solutions

Retrieved on: 
Thursday, January 25, 2024

SARASOTA, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has reached a definitive agreement to acquire Procare Solutions for a net purchase price of approximately $1.75 billion, including a $110 million tax benefit resulting from the transaction.

Key Points: 
  • SARASOTA, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has reached a definitive agreement to acquire Procare Solutions for a net purchase price of approximately $1.75 billion, including a $110 million tax benefit resulting from the transaction.
  • Procare is a leading provider of cloud-based software for the management of early childhood education centers.
  • “Procare is a terrific business with clear niche market leadership, mission critical solutions, strong organic revenue growth, a high recurring and reoccurring revenue mix, outstanding customer retention, and excellent cash conversion,” said Neil Hunn, Roper Technologies’ President and CEO.
  • Roper expects Procare to deliver long-term mid-teens organic revenue growth.

Roper Technologies increases dividend 10% - its 31st consecutive annual dividend increase

Retrieved on: 
Thursday, November 9, 2023

SARASOTA, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) announced today that its Board of Directors has declared a quarterly cash dividend of $0.75 per share, payable on January 23, 2024 to stockholders of record as of January 9, 2024.

Key Points: 
  • SARASOTA, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) announced today that its Board of Directors has declared a quarterly cash dividend of $0.75 per share, payable on January 23, 2024 to stockholders of record as of January 9, 2024.
  • This represents an increase of 10% over the dividend paid in each quarter of 2023, or an expected $0.27 increase on an annual basis ($0.0675 on a quarterly basis).
  • This is the thirty-first consecutive year in which Roper has increased its dividend.

Dedrick Roper Joins Momentum as Director of Zero Emission Vehicle Transitions

Retrieved on: 
Monday, October 23, 2023

Momentum – an award-winning global clean technology consultancy widely known for designing and developing over $10 billion in clean energy, transportation and manufacturing projects and initiatives – today announced the strategic hiring of Dedrick Roper as Director of Zero Emission Vehicle (ZEV) Transitions.

Key Points: 
  • Momentum – an award-winning global clean technology consultancy widely known for designing and developing over $10 billion in clean energy, transportation and manufacturing projects and initiatives – today announced the strategic hiring of Dedrick Roper as Director of Zero Emission Vehicle (ZEV) Transitions.
  • View the full release here: https://www.businesswire.com/news/home/20231023099531/en/
    "Dedrick is a strategic powerhouse and a widely-known leader in accelerating market adoption of zero-emission technology,” said Matt Hart, CEO at Momentum.
  • Based in vibrant downtown Sacramento but with global influence, Momentum is steadfast in its commitment to a cleaner, greener future.
  • Roper's addition to the Momentum family solidifies their ambitions in the zero-emission transition space.

TapestryHealth Names Liz Kirk Chief Operating Officer

Retrieved on: 
Tuesday, September 26, 2023

STRATFORD, Conn., Sept. 26, 2023 /PRNewswire/ -- TapestryHealth, a leading health risk management platform that continuously assesses, monitors and accelerates clinical care interventions to chronically ill, medically underserved seniors in long term care settings announced today that Liz Kirk will become Chief Operating Officer. Prior to joining TapestryHealth, Liz was Senior Vice President of Strategic Services at Strata Decision Technology where she led the scaling and expansion of delivery operations as the company grew over twenty-five times during her ten-year tenure.

Key Points: 
  • STRATFORD, Conn., Sept. 26, 2023 /PRNewswire/ -- TapestryHealth, a leading health risk management platform that continuously assesses, monitors and accelerates clinical care interventions to chronically ill, medically underserved seniors in long term care settings announced today that Liz Kirk will become Chief Operating Officer.
  • Prior to joining TapestryHealth, Liz was Senior Vice President of Strategic Services at Strata Decision Technology where she led the scaling and expansion of delivery operations as the company grew over twenty-five times during her ten-year tenure.
  • "Liz is a seasoned leader in health tech and healthcare delivery who consistently delivers financial results by leveraging technology, building high performing teams and streamlining costs," said Mark Hirschhorn, TapestryHealth CEO.
  • "I'm delighted to join TapestryHealth and work towards improving one of the most challenging and under-served elements of the continuum of care," said Ms. Kirk.

Air Force Awards Istari Digital $19M contract to develop world's first digitally certified airplane

Retrieved on: 
Wednesday, September 20, 2023

"The United States Air Force is leading the charge on digital transformation in defense," said Dr. Will Roper, Istari Digital's Founder and Chief Executive Officer.

Key Points: 
  • "The United States Air Force is leading the charge on digital transformation in defense," said Dr. Will Roper, Istari Digital's Founder and Chief Executive Officer.
  • Flyer Øne will pair an aerospace company and its aircraft design expertise with Istari Digital's novel digital engineering platform and processes.
  • Using Istari Digital's new, plug-n-play digital thread technology, Istari Digital will demonstrate via authoritative digital modeling and simulation that a digital aircraft can prove real-world performance and safety to the point of certification.
  • Istari Digital will construct digital versions of the required lifecycle models for development, testing, design reviews and finally airworthiness certification.

Roper Technologies has acquired Syntellis Performance Solutions

Retrieved on: 
Tuesday, August 8, 2023

SARASOTA, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has completed the acquisition of Syntellis Performance Solutions for a net purchase price of $1.25 billion, including a $135 million tax benefit resulting from the transaction.

Key Points: 
  • SARASOTA, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has completed the acquisition of Syntellis Performance Solutions for a net purchase price of $1.25 billion, including a $135 million tax benefit resulting from the transaction.
  • The net purchase price represents approximately 15 times Syntellis’ expected 2024 EBITDA.
  • Syntellis is a leading provider of cloud-based performance management and data solutions for healthcare, financial institutions, and higher education, and will be combined with Roper’s Strata Decision Technology business, a leading provider of healthcare financial planning, decision support, and performance management solutions.
  • "The Syntellis transaction is another great example of Roper’s disciplined and process-driven acquisition approach,” said Neil Hunn, Roper Technologies’ President and CEO.

Thoma Bravo and Madison Dearborn Partners Sell Syntellis Performance Solutions to Roper Technologies

Retrieved on: 
Tuesday, August 8, 2023

Madison Dearborn Partners (“MDP”) and Thoma Bravo today announced that they have completed the sale of Syntellis Performance Solutions (“Syntellis”), a leading provider of enterprise performance management (EPM) software, data and intelligence solutions, to Roper Technologies, Inc. (“Roper”) (Nasdaq: ROP) in an all-cash transaction for an enterprise value of $1.4 billion.

Key Points: 
  • Madison Dearborn Partners (“MDP”) and Thoma Bravo today announced that they have completed the sale of Syntellis Performance Solutions (“Syntellis”), a leading provider of enterprise performance management (EPM) software, data and intelligence solutions, to Roper Technologies, Inc. (“Roper”) (Nasdaq: ROP) in an all-cash transaction for an enterprise value of $1.4 billion.
  • View the full release here: https://www.businesswire.com/news/home/20230807904825/en/
    Syntellis became an independent company with the investment support of Thoma Bravo and MDP when it was separated from Kaufman Hall in August 2020.
  • Over the past three years, MDP and Thoma Bravo have worked closely with Syntellis and its management team to enhance and innovate the company’s integrated EPM solutions to better serve Syntellis’s growing global client base.
  • We look forward to watching the company’s continued success as part of Roper.”
    William Blair served as financial advisor and Kirkland & Ellis LLP served as legal advisor to MDP and Thoma Bravo.