secwatch.observer — SEC 8-K summary
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Issuer:     ROPER TECHNOLOGIES INC (ROP)
CIK:        0000882835
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0000882835-22-000076
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roper completes sale of 51% of industrial businesses to CD&R for $828.75M
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- Roper sold ~51% equity interest in RIPIC TopCo to CD&R Tree Delaware Holdings for $828.75M.
- Roper retains 49% equity; sellers eligible for earnout up to $51M based on 2022 EBITDA.
- Business incurred $2.012B in new debt; $1.775B distributed to RIPIC TopCo at closing.
- Sold industrial businesses include 15 brands across Process Tech and M&A Solutions segments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882835/000088283522000076/0000882835-22-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882835/000088283522000076/rop-20221122.htm
  HTML page:      https://secwatch.observer/filing/0000882835-22-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer