US EditionK1 to Exit Subsplash in Strategic Sale to Roper Technologies
UNITED STATES, JUL 21 – Roper Technologies will acquire Subsplash for $800 million, adding a platform serving over 20,000 faith-based organizations with AI-powered software showing 7x annual recurring revenue growth.
- On July 21, 2025, Roper Technologies signed a definitive agreement last week to acquire Subsplash for $800 million.
- Roper said the deal aligns with its strategic focus on asset-light, high-margin software businesses, while targeting niche leaders with defensible positions.
- Supporting its growth, the business demonstrates the platform’s scale and growth, highlighting its service to a large faith-based user base and rapid revenue expansion.
- Roper’s guidance includes the acquisition impact, while Neil Hunn said the transaction underscores K1’s focus on backing founder-led companies, indicating strategic confidence and updated outlook.
- Future innovation prospects: K1's third exit to a publicly traded strategic buyer and Subsplash's growth suggest ongoing market influence and long-term industry evolution.
43 Articles
43 Articles
Subsplash, a Premier Provider in Church Technology, Joins Roper Technologies
DALLAS, July 21, 2025 /PRNewswire/ -- Subsplash, a premier SaaS, fintech, and AI provider in the faith and non-profit sector, today announced that it has entered into a definitive agreement to be acquired by Roper Technologies, Inc. (Nasdaq: ROP). With…
K1 to Exit Subsplash in Strategic Sale to Roper Technologies - IT News Direct
Transaction Marks K1’s Fifth Exit to a Strategic Buyer and Third to a Publicly Listed Company in the Last Year MANHATTAN BEACH, Calif., July 21, 2025 /PRNewswire/ — K1 Investment Management, LLC (“K1”), one of the largest investors in small-cap enterprise software, today announced that its portfolio company, Subsplash, has entered into a definitive agreement to be acquired by Roper Technologies, Inc. (NASDAQ: ROP), a member of the S&P 500. The …
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