K1 Investment Management, LLC has announced that its portfolio company, Subsplash, has entered into a definitive agreement to be acquired by Roper Technologies, Inc., a member of the S&P 500. The transaction is expected to close in the near term. This sale marks K1's third exit to a publicly traded strategic buyer in the past year. Tim Turner, CEO of Subsplash, expressed enthusiasm about joining Roper, highlighting the alignment of their vision for platform growth and innovation. This acquisition is part of K1's strategy to support founder-led companies and enhance their market leadership.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roper Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY34448) on July 21, 2025, and is solely responsible for the information contained therein.