M&A
confidence high
sentiment neutral
materiality 0.85
Roper completes sale of TransCore to ST Engineering for $2.68B cash
ROPER TECHNOLOGIES INC
- Disposition of TransCore Partners and TLP Holdings closed on March 17, 2022.
- Gross cash proceeds of $2.68 billion, subject to customary adjustments.
- Buyer is ST Engineering Urban Solutions USA Inc., subsidiary of Singapore Technologies Engineering.
- Transaction originally announced October 1, 2021 under Membership Interests Purchase Agreement.