Roper Technologies, Inc. (formerly Roper Industries, Inc.) is an
American industrial
conglomerate based in
Sarasota, Florida
Sarasota () is a city in and the county seat of Sarasota County, Florida, United States. It is located in Southwest Florida, the southern end of the Tampa Bay area, and north of Fort Myers, Florida, Fort Myers and Punta Gorda, Florida, Punta Gord ...
.
History
George D. Roper founded the company in 1890, and it was primarily focused on the manufacturing of
home appliance
A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation.
The domestic application attached to ...
s,
pump
A pump is a device that moves fluids (liquids or gases), or sometimes Slurry, slurries, by mechanical action, typically converted from electrical energy into hydraulic or pneumatic energy.
Mechanical pumps serve in a wide range of application ...
s, and other industrial products. He had part ownership of the Van Wie Gas Stove Company of
Cleveland, Ohio
Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, Ohio, Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–United States border, Canada–U.S. maritime border ...
. The Van Wie plant moved to
Rockford,
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...
and passed into the hands trustees in the early 1890s. George D. Roper became the sole owner of the Van Wie Gas Stove company after the company's debts had been paid off on September 1, 1894. 10 days later, a fire destroyed the facility. The factory was rebuilt and renamed as the Eclipse Gas Stove Company, and later expanded in 1906 to include the Trahern Pump Company, founded in 1857.
In 1957, George D. Roper sold his stove business to Florence Stove Co. of
Kankakee, IL. The stoves continued to operate under the name George D. Roper, despite the original company changing its name to Roper Pump Company.
In 1966, George D. Roper entered the outdoor lawn equipment market, acquiring David Bradley Manufacturing Works from
Sears
Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosen ...
.
In 1981 Roper Pump Co. reorganized into Roper Industries.
In 1982, Roper moved his appliance production factory (originally Florence Stove Company) from 2207 W Station, Kankakee, IL to a plant in
LaFayette,
Georgia
Georgia most commonly refers to:
* Georgia (country), a country in the South Caucasus
* Georgia (U.S. state), a state in the southeastern United States
Georgia may also refer to:
People and fictional characters
* Georgia (name), a list of pe ...
. The Kankakee factory was razed in 2016. In 1988, Electrolux purchased Roper's lawn and garden products division. Roper was added to Husqvarna and Poulan/Weedeater divisions forming the new brand American Yard Products. In 1989,
Whirlpool Corporation acquired the Roper brand.
In 1992, Roper initiated a corporate
acquisition program, supported by an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
. Between 2001 and 2018, Brian Jellison, a former executive of
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston.
Over the year ...
and
Ingersoll-Rand, served as
CEO. On April 24, 2015, Roper Industries Inc. changed its corporate name to Roper Technologies, Inc.
In August 2023, it was announced that Roper Technologies had acquired the
Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
-headquartered cloud-based performance management and data solutions company, Syntellis Performance Solutions, for $1.25 billion.
Subsidiaries
*
DAT Solutions
*Innovative Product Achievements, LLC (IPA)
*Compressor Controls Corporation (CCC)
*DAP Technologies
*Neptune Technology Group, Inc
*Roper Pump Co.
*Princeton Instruments
*Verathon, Inc.
*The CBORD Group, Inc.
*
The Foundry Visionmongers
*ConstructConnect ConstructConnect was acquired by Roper on October 31, 2016.
*Data Innovation
*
Deltek
*Frontline Education
*iTradeNetwork
*Media Cybernetics
*
Sunquest Information Systems
*Vertafore
*Transact Campus
*CIVCO Medical Solutions
References
External links
*
{{Authority control
Companies formerly listed on the New York Stock Exchange
Companies listed on the Nasdaq
Companies in the S&P 500 Dividend Aristocrats
Manufacturing companies based in Florida
Technology companies of the United States
Photography companies of the United States
Automatic identification and data capture
American companies established in 1890
Conglomerate companies of the United States
Manufacturing companies established in 1890