CentralReach, a software company which provided purpose-built solutions to help provide care for individuals with autism spectrum disorder and related intellectual and developmental disabilities that was created in New Jersey, was acquired by Sarasota, Florida-based Roper Technologies in a $1.65 billion deal.
The deal, which includes a $200 million tax benefit, was made with Pompano Beach, Florida-based Insight Partners, which made a significant investment into CentralReach in 2018.
CentralReach, which has a New Jersey-based office in Bell Works in Holmdel, is a leading provider of cloud-native software enabling the workflow and administration of Applied Behavior Analysis therapy use by more than 200,000 professionals.
ABA therapy providers rely on CentralReach’s comprehensive electronic medical records platform as their mission critical operating system, which includes highly specialized tools for client set-up, practice management, claims processing, care scheduling, clinical data collection and service delivery, along with several AI-powered add-on modules.
Roper officials said they expect CentralReach to deliver sustainable 20%+ organic revenue and EBITDA growth.
Roper CEO Neil Hunn applauded the deal.
“CentralReach is a fantastic business with clear niche market leadership, mission critical and high ROI solutions, a high recurring revenue mix, and outstanding customer retention, which leads to strong organic revenue growth and excellent cash conversion,” he said.
“This acquisition is another example of Roper identifying a business that provides greater value creation for our shareholders. CentralReach meets each of our long-standing acquisition criteria, while also having a structurally faster organic growth profile and the ability to expand margins under Roper’s long-term ownership.”
Roper officials said they expect CentralReach to contribute approximately $175 million of revenue and $75 million of EBITDA for the twelve months ending June 30, 2026, and will be reported in Roper’s Application Software segment.
