---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-233743"
form_type: "8-K"
ticker: "ROP"
cik: "0000882835"
company_name: "ROPER TECHNOLOGIES INC"
filed_at: "2022-08-30T23:59:59+00:00"
generated_at: "2026-06-23T19:52:38.691281+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Roper Technologies to acquire Frontline Education for $3.725B cash, net ~$3.375B after tax benefit

## Summary
- Deal valued at ~$3.725B in cash; net purchase price ~$3.375B after tax benefit.
- Implied multiple of ~19x Frontline’s estimated 2023 EBITDA.
- Frontline expected to contribute ~$370M revenue and ~$175M EBITDA in 2023; unlevered FCF ~100% of EBITDA.
- Acquisition expected to close in Q4 2022, subject to regulatory approval and customary conditions.
- Frontline provides cloud-based administrative software to over 10,000 K-12 educational organizations.

## SEC filing metadata
- accession: 0001193125-22-233743
- form_type: 8-K
- ticker: ROP
- cik: 0000882835
- company_name: ROPER TECHNOLOGIES INC
- filed_at: 2022-08-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882835/000119312522233743/0001193125-22-233743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882835/000119312522233743/d356123d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-233743
- JSON: https://secwatch.observer/filing/0001193125-22-233743.json
- Plain text: https://secwatch.observer/filing/0001193125-22-233743.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.