Roper Technologies

Not to be confused with Roper (company).

Roper Technologies, Inc. (formerly Roper Industries, Inc.)^[2] is an American industrial conglomerate based in Sarasota, Florida.

Roper Technologies, Inc.

Formerly	Roper Industries, Inc.
Company type	Public
Traded as	Nasdaq: ROP Nasdaq-100 component S&P 500 component
Industry	Conglomerate
Founded	1890; 135 years ago (1890)
Headquarters	Sarasota, Florida, U.S.
Key people	Neil Hunn (president & CEO) Amy Woods Brinkley (chair)
Products	Industrial technology, radio frequency (RF) technology, scientific and industrial imaging, energy systems and controls, and instrumentation
Revenue	US$7.04 billion (2024)
Operating income	US$1.99 billion (2024)
Net income	US$1.55 billion (2024)
Total assets	US$31.3 billion (2024)
Total equity	US$18.9 billion (2024)
Number of employees	18,200 (2024)
Subsidiaries	DAT Solutions
Website	www.ropertech.com
Footnotes / references [1]

History

George D. Roper founded the company in 1890, and it was primarily focused on the manufacturing of home appliances, pumps, and other industrial products. He had part ownership of the Van Wie Gas Stove Company of Cleveland, Ohio. The Van Wie plant moved to Rockford, Illinois and passed into the hands trustees in the early 1890s. George D. Roper became the sole owner of the Van Wie Gas Stove company after the company's debts had been paid off on September 1, 1894. 10 days later, a fire destroyed the facility. The factory was rebuilt and renamed as the Eclipse Gas Stove Company, and later expanded in 1906 to include the Trahern Pump Company, founded in 1857.^[3]

In 1957, George D. Roper sold his stove business to Florence Stove Co. of Kankakee, IL. The stoves continued to operate under the name George D. Roper, despite the original company changing its name to Roper Pump Company.^[4][3] In 1966, George D. Roper entered the outdoor lawn equipment market, acquiring David Bradley Manufacturing Works from Sears.^[5]

In 1981 Roper Pump Co. reorganized into Roper Industries.^[6]

In 1982, Roper moved his appliance production factory (originally Florence Stove Company) from 2207 W Station, Kankakee, IL to a plant in LaFayette, Georgia. The Kankakee factory was razed in 2016.^[7] In 1988, Electrolux purchased Roper's lawn and garden products division. Roper was added to Husqvarna and Poulan/Weedeater divisions forming the new brand American Yard Products.^[8] In 1989, Whirlpool Corporation acquired the Roper brand.^[9]

In 1992, Roper initiated a corporate acquisition program, supported by an initial public offering.^[10] Between 2001 and 2018, Brian Jellison, a former executive of General Electric and Ingersoll-Rand, served as CEO.^[11] On April 24, 2015, Roper Industries Inc. changed its corporate name to Roper Technologies, Inc.^[12]

In August 2023, it was announced that Roper Technologies had acquired the Chicago-headquartered cloud-based performance management and data solutions company, Syntellis Performance Solutions, for $1.25 billion.^[13]

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.^[14]

• The CBORD Group, Inc.^[15]
• The Foundry Visionmongers
• ConstructConnect^[16] ConstructConnect was acquired by Roper on October 31, 2016.^[17]
• Data Innovation
• Deltek^[18]
• Frontline Education^[19]
• iTradeNetwork
• Media Cybernetics
• Sunquest Information Systems^[20]
• Vertafore^[21]
• Transact Campus^[22]
• CIVCO Medical Solutions