Subsplash acquired by ROPER TECHNOLOGIES

Pursuing its external growth strategy across niche vertical software markets, Roper Technologies entered into a definitive agreement in July 2025 to acquire Subsplash. Founded and led by Chief Executive Officer Tim Turner, the software company had previously partnered with investment firm K1, which invested in 2019 to accelerate product expansion and scale the organization's commercial operations. At the time of the transaction, Subsplash served more than 20,000 churches and faith-based organizations through its software-as-a-service and digital donation platform, exhibiting strong organic revenue growth. The acquisition thesis outlined by Roper Technologies, led by President and Chief Executive Officer Neil Hunn, focuses on adding an asset with exceptional customer retention, high recurring cash flows, and defensible market positioning. The transaction is structured to support Subsplash in advancing its artificial intelligence capabilities, particularly in automated media repurposing and donor engagement workflows, while benefiting from the operational disciplines of long-term ownership. For Roper Technologies, the integration expands its vertical software footprint into church technology and mission-driven enterprise solutions, delivering immediate software diversification and supporting sustained margin expansion through compounding cash flow reinvestment.