ATLANTA, March 3, 2008 — King & Spalding, a leading international law firm, represented Roper Industries in its acquisition of The CBORD Group, Inc., a leading supplier of card systems and integrated security solutions to higher education, healthcare and other markets. The transaction closed on February 20, 2008 and was valued at approximately $367 million, including $23 million in tax benefits that can be utilized over time.
Roper Industries is a diversified growth company with annual revenues in excess of $2.1 billion and is a component of the Fortune 1000, S&P MidCap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.
Additional information on this transaction is available here: http://www.roperind.com/news/?id=304.
King & Spalding’s team of over 90 mergers & acquisitions attorneys is committed to delivering the highest quality legal services to all of our clients, from the largest public corporations to the smallest start-up companies. The firm represents a substantial number of Fortune 100 corporations and other large cap companies, emerging growth and middle market companies as well as major investment banks and financial institutions, and has substantial experience advising clients on complex international and cross-border transactions.
About King & Spalding
King & Spalding is an international law firm with more than 800 lawyers in Atlanta, Charlotte, Dubai, Frankfurt, Houston, London, New York, Riyadh (affiliated office), San Francisco, Silicon Valley and Washington, D.C. The firm represents half of the Fortune 100 and in a Corporate Counsel survey in September 2007 was among the top firms representing Fortune 250 companies.