Denver-based Vertafore gotten in $5.35 billion bargain

Denver-based Vertafore Inc. announced Thursday morning that it has reached an agreement to be acquired by Roper Technologies Inc. (NYSE: ROP) for $5.35 billion in an all-cash transaction.

Roper, of Saratoga, Florida, was rumored to be interested in acquiring Vertafore earlier this week, with Reuters reporting that sources valued the deal around $5.5 billion. Roper was reportedly competing with private equity firms to acquire the Denver firm.

Vertafore produces cloud-based software to simplify…

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