Roper Technologies, Inc. has announced its acquisition of Transact Campus, Inc. for a net purchase price of $1.5 billion. This strategic move aims to enhance Roper’s portfolio by integrating Transact’s innovative campus technology and payment solutions with Roper’s existing CBORD business. The acquisition is expected to close soon, with Transact contributing significantly to Roper’s revenue and EBITDA in the coming years.
Strategic Acquisition to Enhance Campus Solutions
Roper Technologies’ acquisition of Transact Campus is a significant step towards expanding its services in the education and healthcare sectors. Transact, known for its comprehensive suite of campus technology and payment solutions, will merge with Roper’s CBORD division. This merger aims to leverage the strengths of both companies to provide enhanced services to higher education institutions, healthcare facilities, and corporate campuses.
The acquisition will bring together Transact’s expertise in campus ID software, secure access, tuition and fees software, and payment processing with CBORD’s solutions for foodservice, nutrition, access & security, and campus commerce. This combination is expected to drive innovation and improve customer experiences across various sectors.
Roper’s disciplined and process-driven acquisition approach has been a key factor in its success. The company has a proven track record of acquiring high-quality businesses that align with its strategic goals. The acquisition of Transact is expected to contribute approximately $325 million of revenue and $105 million of EBITDA in 2025, including cost synergies across the combined enterprise.
Financial Outlook and Integration Plans
The financial outlook for the combined business is promising, with Roper expecting long-term high single-digit organic revenue growth. The acquisition will be funded using Roper’s cash on hand and revolving credit facility, ensuring a smooth transition and integration process.
Transact’s CEO, Nancy Langer, will lead the combined business, with CBORD’s CEO, Dan Park, serving as Chief Operating Officer. This leadership structure aims to leverage the unique core competencies of both companies to drive innovation and growth. The combined business will utilize both the Transact and CBORD brand names, maintaining their strong market presence and customer loyalty.
Roper’s acquisition strategy focuses on acquiring businesses that provide mission-critical solutions, strong customer retention, and excellent cash conversion. Transact meets all these criteria, making it an ideal addition to Roper’s portfolio. The acquisition is expected to enhance Roper’s position in the education and healthcare markets, providing a solid foundation for future growth.
Impact on the Education and Healthcare Sectors
The acquisition of Transact Campus by Roper Technologies is expected to have a significant impact on the education and healthcare sectors. By combining the strengths of Transact and CBORD, the new entity will be well-positioned to address the evolving needs of these sectors.
Higher education institutions will benefit from enhanced campus technology and payment solutions, improving the overall student experience. Healthcare facilities will also see improvements in their operations, with better access and security solutions, as well as streamlined payment processing.
The merger is expected to drive innovation and create new opportunities for growth in the education and healthcare markets. Roper’s commitment to providing high-quality, mission-critical solutions will ensure that the combined business continues to deliver value to its customers.
