AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Advent to Acquire Israeli Insurance Software Firm Sapiens for $2.5 Billion
ByAinvest
Thursday, Aug 14, 2025 3:19 am ET1min read
Sapiens International, an Israeli insurance software firm, will be acquired by Advent International for $2.5 billion in cash. The deal, which represents a 47.5% premium over Sapiens' last close, will make the company privately held. Advent plans to accelerate investment in technology innovation, AI, and customer centricity. Sapiens' existing shareholder Formula Systems will retain a minority stake.
Israeli insurance software firm Sapiens International (NASDAQ: SPNS) has entered into a definitive agreement to be acquired by Advent International, a global private equity investor, for $2.5 billion in cash. The deal represents a 47.5% premium over Sapiens' last close of $29.50 on the Nasdaq on Tuesday, valuing the company at about $2.5 billion [1].The acquisition comes as Advent continues its expansion into the insurance industry, following months of exclusive negotiations to acquire Paris-based Kereis, the largest broker for housing protection insurance in France, from Bridgepoint [2]. Advent aims to accelerate investment in technology innovation, AI, and customer centricity, leveraging Sapiens' expertise in AI-powered software applications to help insurers reduce costs and unlock growth and profitability [2].
Sapiens' shareholders will receive $43.50 per share in cash, making the company privately held upon the deal's closure. Existing shareholder Formula Systems will retain a minority stake in the company, with Formula Systems' CEO Guy Bernstein expressing excitement about partnering with Advent to transition Sapiens to AI and Software as a Service (SaaS) [2].
Earlier this month, Advent failed to acquire British scientific instruments maker Spectris after the latter decided against proceeding with the private equity firm's 4.8 billion pound ($6.48 billion) buyout proposal, backing rival suitor KKR's offer instead [3].
References:
[1] https://seekingalpha.com/news/4484404-sapiens-to-be-acquired-by-advent-for-25-billion
[2] https://www.insurancejournal.com/news/international/2025/08/13/835538.htm
[3] https://www.reuters.com/world/middle-east/insurance-software-firm-sapiens-be-bought-by-advent-25-billion-2025-08-13/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet