Advent Acquires Sapiens for $2.5 Billion in All-Cash Deal

Advent has agreed to acquire insurance software provider Sapiens for $2.5 billion in an all-cash deal. Sapiens shareholders will receive $43.50 per share, a 64% premium over the company's closing price on August 8. The transaction is expected to close in Q4 2025 or Q1 2026, subject to shareholder approval and regulatory clearances. Sapiens will become a privately held company after the acquisition.

Private equity firm Advent has agreed to acquire insurance software provider Sapiens International Corporation N.V. (SPNS) for $2.5 billion in an all-cash transaction. Under the terms of the agreement, Sapiens shareholders will receive $43.50 per share, representing a 64% premium over the company's closing price of $26.52 on August 8, 2025. The transaction, which has been unanimously approved by Sapiens’ Board of Directors, is expected to close in Q4 2025 or Q1 2026, subject to shareholder approval and regulatory clearances. Sapiens will become a privately held company after the acquisition.

Douglas Hallstrom, a director at Advent, commented, "Insurers are increasingly turning to technology to help unlock growth and profitability. We will work with the company to accelerate investment into technology innovation, AI, and customer centricity." Sapiens' existing shareholder, Formula Systems, will retain a minority stake in the company.

The acquisition comes amidst a boom in AI-powered software applications being used by insurers to reduce costs. Sapiens' expertise in insurance software will complement Advent's existing portfolio, which includes a license for groundbreaking Ion Pair technology developed at Los Alamos National Laboratory.

The transaction marks a significant milestone for Sapiens, reinforcing the success of its strategy and the strength of its global team. Advent's investment in technology innovation and AI will help Sapiens accelerate its transition to AI and Software as a Service (SaaS).

References:
[1] https://www.reuters.com/world/middle-east/insurance-software-firm-sapiens-be-bought-by-advent-25-billion-2025-08-13/
[2] https://www.manilatimes.net/2025/08/13/tmt-newswire/globenewswire/advent-technologies-holdings-inc-enhances-license-to-groundbreaking-ion-pair-technology-developed-at-los-alamos-national-laboratory-by-acquiring-exclusivity-in-marine-aviation-and-portable-power-fields/2166782
[3] https://www.investing.com/news/stock-market-news/advent-to-acquire-sapiens-for-25-billion-in-allcash-deal-4187166