CentralReach, a leader in autism and IDD care software for applied behavior analysis (ABA), multidisciplinary therapy, and special education with an office in Holmdel, announced that it has entered into a definitive agreement to be acquired by Roper Technologies Inc. a global software investor Insight Partners.
Roper Technologies, a $60 billion public company headquartered in Sarasota, Fla., provides an autonomous operating model, allowing its businesses to continue operating independently while benefiting from Roper’s financial strength and strategic expertise. Roper chose to acquire CentralReach due to its talented team, industry-leading solutions, vital role in advancing care and outcomes for individuals with autism and IDD, and compelling business model. As part of this acquisition, CentralReach will continue to operate independently, maintaining its existing leadership, team, products, brands, and mission.
“Since joining CentralReach six years ago, we’ve been incredibly fortunate to have the support of Insight Partners, which has provided continuous financial and operational support for the significant investments we have made in product innovation and customer success. Through a combination of relentless execution and Insight’s support, we achieved exceptional organic growth over the past six years, which we supplemented through 14 strategic, roadmap-accelerating acquisitions,” said Chris Sullens, CEO of CentralReach.
“As we entered our next phase of growth, I knew it was essential to find a partner who, like Insight Partners, shares our values and vision for tech-enabled autism and IDD care. Roper was that partner. With Roper’s long-term investment and commitment, CentralReach now has a permanent home where we can continue to scale, innovate, expand our impact, and continue to advance our mission in an even faster and more significant way than we have to date.”
Since 2018, CentralReach has grown from 20,000 users to more than 200,000, investing significantly in product development and customer operations to take the originally envisioned product and turn it into one of the most intelligent, comprehensive, and performant platforms for providers and educators who serve individuals with autism and broader intellectual and developmental disabilities (IDD).
Richard Wells, managing director at Insight Partners, shared, “CentralReach has been a driving force in tech-enabled autism and IDD care, and it has been a privilege to support its journey during the past several years. Since our investment in 2018, we recognized the company’s immense potential – not only to become a market leader but also to empower providers and educators in unlocking potential for millions of individuals on the spectrum. Under Sullens’ leadership, CentralReach has delivered on that vision. We are excited to see the company continue its growth and expanding its impact, now with the added strength of Roper.”