Roper to Pay $1 Billion for Health-Care Technology Company MHA

Roper Industries Inc., a maker of products from medical imaging to refrigeration valves, agreed to purchase Managed Health Care Associates Inc. for $1 billion in cash, in its second large medical transaction in less than a year.

The deal for closely Managed Health Care Associates, known as MHA, will add $95 million in earnings before interest, taxes, depreciation and amortization, a measure know as Ebitda, during the first year of ownership, according to a statement from Sarasota, Florida-based Roper. The transaction is expected to be complete within 30 days, the company said.