At what enterprise value was PROCARE SOLUTIONS acquired in 2024?

During the acquisition of PROCARE SOLUTIONS by ROPER TECHNOLOGIES in 2024, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 13.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PROCARE SOLUTIONS when it was acquired by ROPER TECHNOLOGIES?

The estimated EV/EBITDA multiple for PROCARE SOLUTIONS is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.4x. Join our community for free to access full valuation data and industry trends.

When was PROCARE SOLUTIONS acquired by ROPER TECHNOLOGIES?

PROCARE SOLUTIONS was acquired by ROPER TECHNOLOGIES in 2024.

What was the revenue of PROCARE SOLUTIONS at the time of the deal?

The revenue of PROCARE SOLUTIONS at the time of the deal is estimated to be in the range of 250M - 500M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PROCARE SOLUTIONS during the acquisition?

PROCARE SOLUTIONS's EBITDA is estimated to be in the range of 50M - 100M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the PROCARE SOLUTIONS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the PROCARE SOLUTIONS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.ta.com/news/warburg-pincus-and-ta-associates-enter-into-an-agreement-to-sell-procare-solutions-to-roper-technologies/

← DATABASE

Home Database TMT (Tech, Media, Telecom)PROCARE SOLUTIONS

01/2024

PROCARE SOLUTIONS

Acquired by

ROPER TECHNOLOGIES

UNITED STATES Software / Industry-Specific Software EV 1b - 4b USD

PROCARE SOLUTIONS acquired by ROPER TECHNOLOGIES

UNITED STATES Software / Industry-Specific Software EV 1b - 4b USD

Context

Roper Technologies has entered into a definitive agreement to acquire Procare Solutions from Warburg Pincus and TA Associates. The transaction marks a successful exit for Warburg Pincus, which held the majority stake for over five years, during which time Procare transitioned into a next-generation SaaS leader through aggressive product innovation and strategic acquisitions. The strategic rationale for Roper is to add a high-quality, vertically-focused software asset with a massive installed base in the resilient early childhood education sector. Procare is expected to generate approximately $260 million of revenue and $95 million of EBITDA in 2024, representing a significant addition to Roper’s application software segment. The deal is structured to capitalize on Procare's consistent growth in new center additions and the continued cross-selling of payment modules.

PROCARE SOLUTIONS, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the average currently observed in the TMT (Tech, Media, Telecom) sector (13.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Procare Solutions is the leading provider of integrated child care center management software and payment processing in the US. Its business model functions as a core system of record for early childhood educators, automating workflows for registration, attendance tracking, staff management, and lesson planning. The company’s value proposition centers on its comprehensive "end-to-end" suite that handles complex operational, compliance, and accounting functions for over 37,000 child care centers. Strategically, Procare leverages a dual-stream revenue model combining SaaS subscription fees for its management platform with high-margin integrated payment processing. By incorporating family engagement and curriculum tools, the platform has become an essential digital partner for centers ranging from single-site operations to national enterprises.

Ent. Value

Equity Value

Multiples Analysis

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2025

2024