Fundz

Roper Technologies To Acquire Frontline Education

PRIVATEAug 30, 2022

Acquiring Company

iPipeline

Acquired Company

Tilray Brands

West Whiteland TownshipNew YorkFinancial ServicesInsuranceOtherInformation TechnologyBiotechnologyAgriculture and FarmingSoftwareHealth CareEducationMedicalAnalyticsCannabis

Description

Roper Technologies, Inc. (NYSE: ROP) today announced that it has reached a definitive agreement to acquire Frontline Education in an all-cash transaction valued at approximately $3.725 billion. Including a tax benefit resulting from the transaction, the net purchase price is approximately $3.375 billion, representing approximately 19 times Frontline’s estimated 2023 EBITDA.

Quick answer

iPipeline is acquiring Tilray Brands, announced August 30, 2022. iPipeline is based in West Whiteland Township, Pennsylvania, United States.

How much did iPipeline pay for Tilray Brands?
The deal value was not disclosed.
What does iPipeline do?
iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in North America, and life insurance and pensions industries in the UK..
Where are iPipeline and Tilray Brands based?
iPipeline is based in West Whiteland Township, Pennsylvania, United States. Tilray Brands is based in New York, New York, United States.
Who are the decision-makers at iPipeline?
Fundz holds 3 contacts at iPipeline. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

iPipeline

Location

Professional Parkway

West Whiteland Township, Pennsylvania, United States

About

iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in North America, and life insurance and pensions industries in the UK. iPipeline couples one of the most expansive digital and automated platforms with one of the industry's largest data libraries to accelerate, automate, and simplify various applications, processes, and workflows – from quote to commission – with seamless integration. The company's vision is to help everyone achieve lasting financial security by delivering innovative solutions that connect, simplify, and transform the industry. Since its establishment in 1995, iPipeline has helped protect more than 49 million people, and today is trusted around the world by more than 100 insurance carriers, and providers, and more than 2,500 broker-dealers, financial institutions, Brokerage General Agencies (BGAs), Independent Marketing Organizations (IMOs), and Managing General Agents (MGAs). Connected to more than 500,000 agents and advisers/advisors, the company collected more than $33 billion in premium in life insurance and $55 billion in annuities in 2022. iPipeline operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the S&P 500® and Fortune 1000® indices. For more information, please visit ipipeline.com/ and select your country of origin.

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Frequently asked

Who acquired Tilray Brands?

Tilray Brands was acquired by iPipeline, based in West Whiteland Township. The deal was reported on August 30, 2022. iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in North America, and life insurance and pensions industries in the UK. iPipeline is privately held and operates in Financial Services.

When did iPipeline acquire Tilray Brands?

iPipeline's acquisition of Tilray Brands was reported on August 30, 2022. Roper Technologies, Inc. (NYSE: ROP) today announced that it has reached a definitive agreement to acquire Frontline Education in an all-cash transaction valued at approximately $3.725 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tilray Brands do?

Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. It is publicly traded (TLRY), operating in Other, and is based in New York.

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