BOSTON, MA (July 20, 2015) – Aeris Partners is pleased to announce On Center Software (“On Center”), a leading provider of construction automation software solutions to more than 40,000 users worldwide, has been acquired by Roper Technologies (NYSE: ROP), a leading provider of diversified technology, software and SaaS solutions. Aeris Partners served as the exclusive M&A advisor to On Center Software and Accel-KKR, and the transaction closed on July 20, 2015. Aeris has completed six architecture, engineering and construction (AEC) software M&A transactions since 2014.
“On Center Software is a true industry pioneer with a sterling reputation and brand, as evidenced by the Company’s strong growth, customer retention and customer satisfaction. The Company’s solutions help thousands of construction industry participants in more than 60 countries improve efficiency, increase revenue and reduce costs through improved automation, collaboration and workflow. The Company is ideally positioned at the center of the AEC lifecycle, and we’re delighted management has found such a great partner in Roper Technologies. It was an honor to advise On Center Software and Accel-KKR on the transaction,” said David Joncas, Managing Director with Aeris Partners.
About Aeris Partners
Aeris Partners provides premium strategic M&A advisory services to best-in-class software and Software-as-a-Service (SaaS) companies, private equity investors and venture capital firms spanning a range of high-growth vertical markets including healthcare (HCIT), financial technology (FinTech), architecture, engineering and construction (AEC), energy & power (EnergyTech), education (EdTech), analytics, transportation and logistics, and the public sector, among others. Aeris leverages extensive technology domain expertise and an unparalleled commitment to delivering superior M&A outcomes on every transaction. The firm’s senior leadership team has successfully completed more than $17 billion of M&A advisory assignments to date. For more information, please visit: aerispartners.com.
Aeris Partners LLC is a registered broker-dealer and member of FINRA and SIPC.