Roper Technologies#ConstructConnect

{{Multiple issues|

}}

{{Infobox company

| name = Roper Technologies, Inc.

| logo = Roper_Technologies_logo.svg

| former_name = Roper Industries, Inc.

| type = Public

| traded_as = {{ubl|{{NASDAQ|ROP}}|Nasdaq-100 component|S&P 500 component}}

| industry = Conglomerate

| founded = {{Start date and age|1890}}

| hq_location = Sarasota, Florida, U.S.

| key_people = {{ubl|Neil Hunn (president & CEO)|Amy Woods Brinkley (chair)}}

| products = Industrial technology, radio frequency (RF) technology, scientific and industrial imaging, energy systems and controls, and instrumentation

| revenue = {{increase}} {{US$|7.04 billion|link=yes}} (2024)

| operating_income = {{increase}} {{US$|1.99 billion}} (2024)

| net_income = {{increase}} {{US$|1.55 billion}} (2024)

| assets = {{increase}} {{US$|31.3 billion}} (2024)

| equity = {{increase}} {{US$|18.9 billion}} (2024)

| num_employees = 18,200

| num_employees_year = 2024

| subsid = DAT Solutions

| website = {{URL|http://www.ropertech.com}}

| footnotes = {{Cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/882835/000088283525000008/rop-20241231.htm |title=2024 Annual Report (Form 10-K) |date=February 24, 2025 |publisher=U.S. Securities and Exchange Commission}}

}}

Roper Technologies, Inc. (formerly Roper Industries, Inc.){{Cite web|title = Roper Industries Announces Name Change to Roper Technologies|url = http://www.prnewswire.com/news-releases/roper-industries-announces-name-change-to-roper-technologies-300071965.html|website = www.prnewswire.com|accessdate = 2016-01-18}} is an American industrial conglomerate based in Sarasota, Florida.

History

George D. Roper founded the company in 1890, and it was primarily focused on the manufacturing of home appliances, pumps, and other industrial products. He had part ownership of the Van Wie Gas Stove Company of Cleveland, Ohio. 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. 10 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.{{cite web |url=https://www.rockfordreminisce.com/van-wie-eclipse-roper/ |url-status=dead |archive-url=https://web.archive.org/web/20180604204445/http://www.rockfordreminisce.com/van-wie-eclipse-roper/ |archive-date=2018-06-04 |title=van-wie-eclipse-roper - RockfordReminisce.com}}

In 1957, George D. Roper sold his stove business to Florence Stove Co. of Kankakee, IL. The stoves continued to operate under the name George D. Roper, despite the original company changing its name to Roper Pump Company.{{Cite web|url=https://history.rockfordpubliclibrary.org/localhistory/?p=46802|title=Geo. D. Roper Corporation name change to Roper Industries, 1957|date=20 September 2016}} In 1966, George D. Roper entered the outdoor lawn equipment market, acquiring David Bradley Manufacturing Works from Sears.{{cite web |url=https://www.tractordtata.com/lawn-tractors/tractor-brands/roper/roper-lawn-tractors.html |title = TractorData.com - Roper lawn tractors sorted by model}}

In 1981 Roper Pump Co. reorganized into Roper Industries.{{cite web| url = https://www.encyclopedia.com/books/politics-and-business-magazines/roper-industries-inc| title = Roper Industries, Inc. {{!}} Encyclopedia.com}}

In 1982, Roper moved his appliance production factory (originally Florence Stove Company) from 2207 W Station, Kankakee, IL to a plant in LaFayette, Georgia. The Kankakee factory was razed in 2016.https://www.sj-r.com/story/news/2016/03/04/roper-stove-plant-in-kankakee/32440922007/ |title = Kankakee factory razed In 1988, Electrolux purchased Roper's lawn and garden products division. Roper was added to Husqvarna and Poulan/Weedeater divisions forming the new brand American Yard Products.{{cite web |url=https://www.tractordata.com/lawn-tractors/tractor-brands/ayp/ayp-lawn-tractors.html |title = TractorData.com - AYP lawn tractors sorted by model;}} In 1989, Whirlpool Corporation acquired the Roper brand.{{Cite web|url=https://www.latimes.com/archives/la-xpm-1988-04-02-fi-596-story.html|title = Rival Pulls Out; GE Unopposed in Bid for Roper|website = Los Angeles Times|date = 2 April 1988}}

In 1992, Roper initiated a corporate acquisition program, supported by an initial public offering.{{Cite web |title=NYSE ROP |url=https://www.annualreports.com/HostedData/AnnualReportArchive/r/NYSE_ROP_2014.pdf?utm_source=chatgpt.com}} Between 2001 and 2018, Brian Jellison, a former executive of General Electric and Ingersoll-Rand, served as CEO.[https://www.legacy.com/obituaries/heraldtribune/obituary.aspx?n=brian-jellison&pid=190642046 Brian Jellison 1945-2018 Obituary|Retrieved 2019-06-05] On April 24, 2015, Roper Industries Inc. changed its corporate name to Roper Technologies, Inc.{{Cite web|url=https://www.ropertech.com/roper-industries-announces-name-change-roper-technologies|title = Roper Industries Announces Name Change to Roper Technologies | Roper Technologies | A Diversified Growth Company}}

In August 2023, it was announced that Roper Technologies had acquired the Chicago headquartered cloud based performance management and data solutions company, Syntellis Performance Solutions, for $1.25 billion.{{Cite web |last=FinSMEs |date=2023-08-14 |title=Roper Technologies Acquires Syntellis Performance Solutions |url=https://www.finsmes.com/2023/08/roper-technologies-acquires-syntellis-performance-solutions.html |access-date=2023-08-14 |website=FinSMEs |language=en-US}}

Subsidiaries

DAT Solutions
Innovative Product Achievements, LLC (IPA)
Compressor Controls Corporation (CCC)
DAP Technologies
Neptune Technology Group, Inc
Roper Pump Co.
Princeton Instruments
Verathon, Inc.{{Cite web|title=Our Company|url=https://www.verathon.com/our-company/|access-date=2020-06-12|website=verathon.com|language=en-US}}

The CBORD Group, Inc.[https://www.cbord.com/contact/ The CBORD Group Contact Page]
The Foundry Visionmongers
ConstructConnect{{Cite web|last=ConstructConnect|title=Executive Leadership Team {{!}} ConstructConnect|url=https://www.constructconnect.com/executive-team|access-date=2022-04-13|website=www.constructconnect.com|language=en}} ConstructConnect was acquired by Roper on October 31, 2016.{{Cite web|title=Roper Technologies to Acquire ConstructConnect, Leading Provider of SaaS Solutions for the Commercial Construction Industry {{!}} Roper Technologies {{!}} A Diversified Growth Company|url=https://www.ropertech.com/roper-technologies-acquire-constructconnect-leading-provider-saas-solutions-commercial-construction|access-date=2021-04-02|website=www.ropertech.com}}
Data Innovation
Deltek{{Cite web |last=Bach |first=James |date=December 6, 2016 |title=Herndon-based Deltek to be acquired for $2.8B |url=https://www.bizjournals.com/washington/news/2016/12/06/herndon-based-deltek-to-be-acquired-for-2-8b.html |access-date=2023-09-20 |website=www.bizjournals.com}}
Frontline Education{{Cite web|date=2022-08-30|title=Roper Technologies to Acquire Frontline Education|url=https://investors.ropertech.com/investors/news-releases/news-details/2022/Roper-Technologies-to-Acquire-Frontline-Education/default.aspx|website=Roper Technologies Investor Relations|language=en-US}}
iTradeNetwork
Media Cybernetics
Sunquest Information Systems[https://dealbook.nytimes.com/2012/07/30/roper-industries-to-buy-sunquest-information-systems-for-1-4-billion/ Roper Industries to Buy Sunquest Information Systems for $1.4 Billion]
Vertafore{{Cite web|date=2020-08-13|title=Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion|url=https://www.insurancejournal.com/news/national/2020/08/13/578970.htm|access-date=2020-08-14|website=Insurance Journal|language=en-US}}
Transact Campus{{Cite news |date=15 August 2024 |title=Roper to buy Transact Campus for $1.5 bln to grow education business |url=https://www.reuters.com/markets/deals/roper-technologies-buy-transact-campus-15-billion-2024-08-15/ |access-date=18 October 2024 |work=Reuters}}
CIVCO Medical Solutions