Roper Buys Frontline Education in $3.725 Billion Transaction

• (PLX AI) - Roper Technologies to acquire Frontline Education in all-cash transaction valued at approximately $3.725 billion.
• • Including a tax benefit resulting from the transaction, the net purchase price is approximately $3.375 billion, representing approximately 19 times Frontline's estimated 2023 EBITDA
• • Roper anticipates funding the transaction using its cash on hand and revolving credit facility
• • Frontline is expected to contribute approximately $370 million of revenue and $175 million of EBITDA in 2023