Roper Industries Pays $1.4B For Lab Software Co. Sunquest

Law360, New York (July 30, 2012, 12:30 PM EDT) -- Industrial conglomerate Roper Industries Inc. agreed to buy Sunquest Information Systems Inc., a provider of information technologies to the health care industry, from its current private equity firm owners in an all-cash deal worth $1.4 billion, Roper said Monday.

The transaction will shift Sunquest ownership from an investor group led by Palo Alto, Calif.-based Huntsman Gay Global Capital LLC that includes San Francisco's Vista Equity Partners, which has owned the company since 2007.

Through the acquisition, Roper will add an industry leader to its medical and...
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