Roper Technologies (ROP) to Divest CIVCO Radiotherapy

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Roper Technologies to Divest CIVCO Radiotherapy

October 22, 2021 6:55 AM EDT

SARASOTA, Fla., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, today announced that it has reached a definitive agreement to sell its CIVCO Radiotherapy business to an affiliate of Blue Wolf Capital Partners LLC, a private equity firm, in an all-cash transaction valued at $120 million. Roper will retain its CIVCO Medical Solutions business, which will continue to operate independently.

Roper retained William Blair as a financial advisor in connection with this transaction. Roper expects the transaction to close in the fourth quarter, subject to... More