Sam Altman Backs Merge Labs, Potential Rival to Neuralink

Wednesday, Aug 13, 2025 2:17 am ET1min read

Sapiens International, a software firm for the insurance industry, has agreed to be acquired by Advent in an all-cash deal worth $2.5 billion. The deal values Sapiens at $43.50 per share, representing a significant premium to the company's previous closing price. Advent is a global private equity investor with a portfolio of companies in the technology and software sectors. The acquisition is expected to close in the third quarter of this year, subject to regulatory approval.

Sapiens International Corporation N.V. (NASDAQ: SPNS) has agreed to be acquired by Advent, a leading global private equity investor, in an all-cash deal valued at approximately $2.5 billion. The acquisition, announced on August 13, 2025, will see Sapiens shareholders receive $43.50 per share, a 64% premium over the company's undisturbed closing share price of $26.52 on August 8, 2025 [1].

Advent's investment will accelerate Sapiens' innovation in SaaS-based insurance solutions. The deal is expected to close in the fourth quarter of 2025 or the first quarter of 2026, subject to regulatory approval and customary closing conditions [1].

Sapiens, a global leader in intelligent SaaS-based software solutions for the insurance industry, will continue to operate under Advent's leadership. The acquisition will provide Sapiens with access to Advent's operational expertise and deep sub-sector knowledge, enabling the company to drive digital transformation in the insurance technology sector [1].

The transaction marks a significant milestone for Sapiens, reinforcing the success of its strategy and commitment to delivering exceptional value to its customers. Sapiens will continue to serve over 600 customers in more than 30 countries, leveraging its robust technology and Advent's operational expertise to enhance customer outcomes [1].

Advent, with 16 offices across five continents and over $94 billion in assets under management, will bring its hands-on operational expertise to Sapiens. The company's portfolio includes over 430 investments across 44 countries, with a focus on technology and software sectors [1].

The acquisition comes at a critical time for the insurance industry, as insurers increasingly turn to technology to drive growth and profitability. Sapiens, with its AI and SaaS-driven solutions, is well-positioned to support this transformation [1].

References:
[1] https://www.prnewswire.com/news-releases/sapiens-to-be-acquired-by-advent-for-2-5-billion-302528654.html

Sam Altman Backs Merge Labs, Potential Rival to Neuralink

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