Formula Systems Reports Record Q2 Earnings, Sells Sapiens to Advent International

Formula Systems (1985) Ltd. reported record Q2 2025 revenues of $743.4 million, up 11.3% YoY. The Israel-based IT and software holding company is streamlining its holdings and unlocking value across its diverse technology portfolio. The company's insurance-software subsidiary, Sapiens International Corporation N.V., was acquired by Advent International in an all-cash transaction.

Formula Systems (1985) Ltd. (FSL), an Israel-based IT and software holding company, has reported record Q2 2025 revenues of $743.4 million, marking a 11.3% year-over-year (YoY) increase. The company continues to streamline its holdings and unlock value across its diverse technology portfolio, positioning itself for continued growth in the competitive tech landscape.

A significant highlight of the quarter was the acquisition of Sapiens International Corporation N.V. (SPNS) by Advent International in an all-cash transaction. Sapiens, a subsidiary specializing in insurance software, was sold for $43.50 per share. This transaction underscores the company's strategy to focus on its core competencies and divest non-core assets to enhance shareholder value.

The acquisition of Sapiens aligns with Formula Systems' broader objective to streamline its operations and concentrate on its core businesses. By divesting Sapiens, the company aims to reduce complexity and improve operational efficiency, allowing it to redirect resources towards its primary technology holdings.

Formula Systems' Q2 performance highlights the company's ability to navigate the dynamic tech market and adapt to changing consumer demands. The record revenues and strategic divestment position the company favorably for future growth prospects. Investors should closely monitor the company's ongoing efforts to unlock value and streamline its operations.