SARASOTA, FL, Jan 3, 2016 – Roper Technologies, Inc. announced that it has completed its previously announced acquisition of Deltek. The company funded the acquisition with proceeds from its recent notes offering, borrowings under its credit facility and cash on hand. Deltek is the leading global provider of software and information solutions for project-based businesses serving niche markets, including government contractors and professional services firms.
“We are excited to officially welcome Deltek to the Roper family,” said Brian Jellison, Roper’s chairman, president and CEO. “Deltek is an outstanding company and enjoys clear leadership in its niche market with numerous growth opportunities and a strong financial profile.”