Roper Technologies
| Company type | Public |
|---|---|
| Industry | Industrial conglomerate |
| Founded | 1890 |
| Founder | George D. Roper |
| Headquarters | Sarasota , United States |
Key people | Brian Jellison (CEO 2001–2018) |
| Products | Home appliances, pumps, industrial goods, software solutions |
| Website | www |
Roper Technologies, Inc. (previously known as Roper Industries, Inc.) is a diversified American industrial conglomerate based in Sarasota, Florida.
History
The company was established in 1890 by George D. Roper, originally concentrating on the production of home appliances, pumps, and various industrial goods. In 1894, after acquiring full control of the Van Wie Gas Stove Company, Roper reconstructed the plant following a fire and renamed it Eclipse Gas Stove Company. The business further expanded in 1906 by incorporating the Trahern Pump Company.
By 1957, Roper divested its stove manufacturing segment to Florence Stove Co., maintaining operations under the George D. Roper name while transitioning to the Roper Pump Company brand. The firm entered the outdoor lawn equipment sector in 1966 through the acquisition of David Bradley Manufacturing Works from Sears. In 1981, it underwent a corporate restructuring and adopted the name Roper Industries.
In 1982, appliance manufacturing was relocated from Kankakee, Illinois to LaFayette, Georgia; the original facility was eventually demolished in 2016. The lawn and garden products division was sold to Electrolux in 1988, which combined it with other brands to create American Yard Products. Subsequently, Whirlpool Corporation obtained the Roper brand in 1989.
Starting in 1992, Roper implemented a growth strategy centered on acquisitions supported by an initial public offering. Brian Jellison, who had prior leadership experience at GE and Ingersoll-Rand, led the company as CEO from 2001 until 2018. The organization rebranded itself as Roper Technologies, Inc. in 2015.
In August 2023, Roper Technologies expanded its offerings by acquiring Syntellis Performance Solutions, a Chicago-based cloud performance management company, for $1.25 billion.
Subsidiaries
- DAT Solutions
- Innovative Product Achievements, LLC (IPA)
- Compressor Controls Corporation (CCC)
- DAP Technologies
- Neptune Technology Group, Inc
- Roper Pump Co.
- Princeton Instruments
- Verathon, Inc.
- The CBORD Group, Inc.
- The Foundry Visionmongers
- ConstructConnect — purchased by Roper on October 31, 2016; recognized as a leading SaaS provider for commercial construction
- Data Innovation
- Deltek — acquired for $2.8 billion to broaden Roper’s software offerings
- Frontline Education — added in 2022 to enhance education sector solutions
- iTradeNetwork
- Media Cybernetics
- Sunquest Information Systems — bought for $1.4 billion to strengthen healthcare software capabilities
- Vertafore — acquired for $5.35 billion to increase presence in insurance software markets
- Transact Campus — obtained in 2024 for $1.5 billion to grow education technology services
- CIVCO Medical Solutions