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Davis Polk Advises Roper Industries on Its Acquisition of iTradeNetwork
7/26/2010
Davis Polk & Wardwell LLP is advising Roper Industries, Inc. on its $525 million all-cash acquisition of iTradeNetwork, Inc. from Accel-KKR. The transaction is subject to customary closing conditions and is expected to close by the end of the week.

Roper Industries is a diversified growth company that designs, manufactures and distributes energy systems and controls, scientific and industrial imaging products and software, industrial technology products and radio frequency products and services. iTradeNetwork provides subscription-based hosted software solutions to the food industry that facilitate transactions between retail grocers, restaurant chain operators, foodservice distributors and their respective customers. Accel-KKR is a technology-focused private equity investment firm.

The Davis Polk team includes partner William M. Kelly, associates Zachary Patton, Shan Jiang, Nicholas M. Janof and David J. Zelkind and summer associate Melissa Lou. All members of the Davis Polk team are based in the Menlo Park office.