Formula Systems Q3 revenue up 5% YoY to $355.9 million.
ByAinvest
Thursday, Nov 20, 2025 8:27 am ET1min read
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Formula Systems, a global IT group, announced its Q3 and nine-month results. The company's Q3 highlights include an agreement between Sapiens International Corporation and Advent for a $43.50 per share all-cash acquisition. Formula Systems will retain an approximately 18% ownership stake in Sapiens under the new structure. The deal is expected to close in the first half of 2026.
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