What You Should Know:
– Roper Technologies has announced a definitive agreement to acquire CentralReach, a provider of autism and intellectual and developmental disabilities (IDD) care software for applied behavior analysis (ABA), multidisciplinary therapy, and special education for $1.65B, which includes a $200M tax benefit resulting from the transaction.
– The acquisition will see Roper Technologies take ownership from global software investor Insight Partners. Roper anticipates CentralReach to deliver sustainable organic revenue and EBITDA growth of over 20%.
Roper Technologies Background
Roper Technologies, a $60B public company headquartered in Sarasota, Florida, is known for its autonomous operating model, which allows its acquired businesses to operate independently while leveraging Roper’s financial strength and strategic expertise. Roper’s decision to acquire CentralReach was driven by the company’s talented team, industry-leading software solutions, crucial role in advancing care for individuals with autism and IDD, and robust business model.
CentralReach Team to Operate Independently
CentralReach is a leading provider of cloud-native software specializing in Applied Behavior Analysis (ABA) therapy workflow and administration. Its purpose-built solutions are utilized by over 200,000 professionals to deliver care to individuals with autism spectrum disorder (ASD) and related intellectual and developmental disabilities (IDD). The company’s comprehensive electronic medical records platform serves as a mission-critical operating system, featuring specialized tools for client setup, practice management, claims processing, care scheduling, clinical data collection, and service delivery, along with AI-powered add-on modules. As part of the acquisition, CentralReach will continue to operate independently, maintaining its existing leadership, team, products, brands, and mission. This ensures continuity and stability for CentralReach’s customers and employees.
Since 2018, CentralReach has experienced significant growth, expanding its user base from 20,000 to over 200,000. This growth is attributed to substantial investments in product development and customer operations, transforming the company’s platform into a comprehensive and high-performing solution for providers and educators serving individuals with autism and broader IDD.
Financial Outlook and Financing:
Roper projects that CentralReach will contribute approximately $175M in revenue and $75M in EBITDA for the twelve months ending June 30, 2026. This performance will be reported within Roper’s Application Software segment. The company expects CentralReach to maintain a sustainable 20%+ organic revenue and EBITDA growth trajectory.
“Since joining CentralReach six years ago, we’ve been incredibly fortunate to have the support of Insight Partners, which has provided continuous financial and operational support for the significant investments we have made in product innovation and customer success. Through a combination of relentless execution and Insight’s support, we achieved exceptional organic growth over the past six years, which we supplemented through 14 strategic, roadmap-accelerating acquisitions,” said Chris Sullens, CEO of CentralReach. “As we entered our next phase of growth, I knew it was essential to find a partner who, like Insight Partners, shares our values and vision for tech-enabled autism and IDD care. Roper was that partner. With Roper’s long-term investment and commitment, CentralReach now has a permanent home where we can continue to scale, innovate, expand our impact, and continue to advance our mission in an even faster and more significant way than we have to date.”
