K1 to Exit Subsplash in Strategic Sale to Roper Technologies

Provided By PR Newswire

Last update: Jul 21, 2025

Transaction Marks K1's Fifth Exit to a Strategic Buyer and Third to a Publicly Listed Company in the Last Year

MANHATTAN BEACH, Calif., July 21, 2025 /PRNewswire/ -- K1 Investment Management, LLC ("K1"), one of the largest investors in small-cap enterprise software, today announced that its portfolio company, Subsplash, has entered into a definitive agreement to be acquired by Roper Technologies, Inc. (NASDAQ: ROP), a member of the S&P 500. The transaction is expected to close in the near term, and marks K1's third exit to a publicly traded strategic buyer in the past year.