Sapiens International Corporation

2 results about this entity

Period: 07 Jan 2020 - 13 Aug 2025

/wholesale

Sapiens to be acquired by Advent for $2.5 billion

Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), “Sapiens” or the “Company”), a global leader in intelligent SaaS-based software solutions to the insurance industry, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by Advent, a leading global private equity investor, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion.

Sapiens acquires German-based Insurtech sum.cumo

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has acquired sum.cumo, the German-based technology provider that offers disruptive, digital, innovative and consumer-centric solutions mainly to the insurance sector, for up to €28.4 million.