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Roper Industries Inc. has completed the previously announced acquisition of Managed Health Care Associates for nearly $1 billion.
The acquisition was funded from available cash and borrowings under Roper’s credit facility, according to a written statement.
Sarasota-based Roper (NYSE: ROP) is a diversified growth company and provides engineered products for medical, water, energy and other markets.
A health care service company, Managed Health Care Associates is based in Florham Park, N.J.