Roper Technologies Acquires RF IDeas And Atlantic Health Partners - Quick Facts

(RTTNews) - Industrial solutions provider Roper Industries, Inc. (ROP) announced that it has acquired two companies: RF IDeas, Inc. and Atlantic Health Partners, LLC.

Commenting on RF Ideas, the company said it is a leading provider of proprietary identification card technology solutions that deliver workflow improvement, enable mobile workforce management and ensure compliance and security. The management team, led by Rick Landuyt and Greg Gliniecki, will remain in place and continue to lead the business from its Rolling Meadows, IL headquarters.

Atlantic Health Partners or AHP is a Group Purchasing Organization specializing in vaccines for the physician marketplace. AHP will operate as a part of Managed Health Care Associates or MHA. Jeff Winokur, AHP's President, will continue to lead the business, Roper stated.

The combined purchase price for these two acquisitions is $277 million. Roper expects the two acquisitions to contribute approximately $60 million of revenue over the next 12 months.