Roper Technologies acquired iPipeline for approximately $1.625 billion, a transaction completed in August 2019, structured as all cash.
iPipeline operates in Application Software (life insurance), is based in Exton, Pennsylvania.
The iPipeline transaction demonstrates our disciplined capital deployment strategy by acquiring another high-quality business that will help grow and compound our cash flow.Neil Hunn, Roper's President and CEO
Advisory firms were not disclosed for this transaction.