Roper Technologies sells TransCore to Singapore Technologies Engineering for $2.68 Billion
Clients Roper Technologies, Inc.
Jones Day is advising Roper Technologies, Inc. in the sale of TransCore Partners, LLC and TLP Holdings, LLC to an affiliate of Singapore Technologies Engineering Ltd. for $2.68 billion in cash, subject to customary purchase price adjustments.
The Companies are in the business of designing, engineering and implementing systems and solutions for the toll collection industry. The transaction is subject to CFIUS approval and other customary closing conditions and is expected to be completed in the first quarter of 2022.