Warburg pincus and ta associates enter into an agreement to sell procare solutions to roper technologies

Sale reflects procare's industry leading position in child care management, providing an essential software service in early childhood education new york , jan. 25, 2024 /prnewswire/ -- warburg pincus, a leading global growth investor, today announced the signing of a definitive agreement to sell procare solutions ("procare"), a leading provider of integrated child care center management software and payments processing, to roper technologies, inc. ("roper") (nasdaq: rop), for a total enterprise value of $1.86 billion. ta associates ("ta"), a leading global private equity firm, also sold its minority interest in procare as part of the transaction.
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