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]
History
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]
Acquisitions
External links
References
- Roper Technologies, Inc. 2025 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, February 24, 2026^
- Roper Pumps^
- David Bradley Tractors Gas Engine Magazine, November 1, 2001^
- Alexander R. Hammer. Stocks Down Slightly on Rate Worries The New York Times, December 22, 1981^
- Kankakee factory razed The State Journal-Register, March 4, 2016^
- COMPANY NEWS; U.S. Expansion For Electrolux The New York Times, November 12, 1988^
- Rival Pulls Out; GE Unopposed in Bid for Roper Los Angeles Times, April 2, 1988^
- Roper Industries, Inc. Encyclopedia.com^
- Longtime Roper CEO Brian Jellison dies at 73 Sarasota Herald-Tribune, November 5, 2018^
- Roper Industries Announces Name Change to Roper Technologies PR Newswire, April 24, 2015^
- Evelyn M. Rusli. Roper Industries to Buy Sunquest Information Systems for $1.4 Billion The New York Times, July 30, 2012^
- Roper Technologies to Acquire ConstructConnect, Leading Provider of SaaS Solutions for the Commercial Construction Industry PR Newswire, October 31, 2016^
- James Bach. Herndon-based Deltek to be acquired for $2.8B American City Business Journals, December 6, 2016^
- Noor Zainab Hussain, Akanksha Rana. Roper Technologies to buy Vertafore for $5.35 billion Reuters, August 13, 2020^
- Thoma Bravo Completes Sale of Frontline Education to Roper Technologies PR Newswire, October 4, 2022^
- Thoma Bravo and Madison Dearborn Partners Sell Syntellis Performance Solutions to Roper Technologies Thoma Bravo, August 8, 2023^
- Zaheer Kachwala. Roper to buy Transact Campus for $1.5 bln to grow education business Reuters, August 15, 2024^