Transaction · Insurtech · 2020

Roper / Vertafore 2020

Roper Technologies acquired Vertafore for $5.3B on August 12, 2020.

Target
Vertafore
Acquirer
Roper Technologies
Deal value
$5.3B
Deal type
Cash
Announced
August 12, 2020
Sub-sector
Insurtech

Roper acquires P&C insurance agency management software from Bain Capital and Vista Equity, anchoring its vertical-SaaS portfolio.

Deal value
$5.3B
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
August 12, 2020
Close date
September 4, 2020
Acquirer
Roper Technologies (Strategic)
Target HQ
United States
Deal type
Cash
Sub-sector
Insurtech

Source: ropertech.com