Deltek provides project management software, including cloud-based software, designed to meet the needs of professional services firms and project-based businesses. Its applications handle expense reporting, HR administration, materials management, customer management, and sales force automation. Deltek integrates tools from partners such as Microsoft with its own software, and provides consulting and other services. Deltek targets the aerospace, construction, engineering, and information technology sectors. It also serves government agencies and contractors, an area of strength for Deltek where it holds a large market share. Roper Technologies bought Deltek from Thoma Bravo in 2016.
Change in Company Type
After four years of ownership by private equity firm Thoma Bravo, Deltek was acquired by Roper Technologies for $2.8 billion. The price was about $1.7 billion more than what Thoma Bravo paid for Deltek in 2012. Deltek operates as a distinct company within Roper, keeping its name, brand, office locations, strategy, and team. Roper is a diversified technology company.
Deltek is headquartered in Herndon, Virginia, close to government agencies and contractors that are an important part of its customer base. Outside the US the company has operations in Canada, South Africa, the UK, Denmark, Sweden, Norway, the Netherlands, France and Australia.
Sales and Marketing
Deltek markets its products and services primarily through a direct sales force. The company also uses resell partners for entry-level markets and geographies where it doesn't have a sales force. It claims some 22,000 organizations as users of its products.
Mergers and Acquisitions
Deltek has used acquisitions to enhance its product portfolio, add to its customer base, and expand into new markets.
In 2016, Deltek acquired Union Square, a provider of project information and collaboration software for architecture, engineering, and construction (AEC) practices. The acquisition broadens and deepens Deltek's portfolio the AEC industry. Deltek acquired HRSMART, a provider of unified talent management products, in 2015.