Warburg Pincus has signed an agreement to sell Procare Solutions, a leading provider of child care management software, to Roper Technologies for $1.86 billion.

Information on the Target

Procare Solutions, founded in 1992, is a premier provider of integrated child care center management software and payment processing solutions operating in the United States. The company offers an end-to-end software solution that addresses the diverse operational, compliance, staffing, billing, and accounting needs of child care centers. Procare serves over 37,000 child care centers, accommodating a wide range of clients from single-center operations to complex nationwide enterprises.

Over the years, Procare has established itself as a leader in the child care management industry by delivering high-quality products tailored to the intricate demands of child care organizations. Its software not only streamlines internal processes but also enhances family engagement and educational outcomes, thereby playing a crucial role in early childhood education.

Industry Overview in the United States

The child care management industry in the United States is experiencing significant growth driven by an increasing demand for early childhood education solutions. With a growing awa