US personal fairness agency Introduction has agreed to purchase Israeli insurance coverage software program supplier Sapiens (TASE: SPNS; Nasdaq: SPNS) at a valuation of $2.5 billion. The share worth within the all-cash deal is $43.5, representing a premium of 64% on Sapiens’ closing worth on the finish of the final week, earlier than reviews of an impending sale, and of 47.5% on the present worth on Nasdaq. Sapiens has not come close to this worth lately
In 2020, Introduction purchased Israeli cybersecurity firm Forescout, then traded on Nasdaq, for $1.67 billion.
The deal for the acquisition of Sapiens is predicted to shut within the closing quarter of 2025 or the primary quarter of 2026, topic to approval by the Sapiens shareholders and related regulators. Following completion of the transaction, Sapiens’ shares will likely be delisted.
“Following a deliberate course of, the Board of Administrators authorised this transaction, which delivers a superb end result for Sapiens’ shareholders, offering them a considerable money worth at a horny premium,” mentioned Sapiens CEO Roni Al-Dor. “We’re excited to enter the subsequent chapter for Sapiens in partnership with Introduction to proceed supporting insurance coverage carriers with their whole transformation journey, delivering the product innovation and repair excellence they count on from us. Sapiens stays totally dedicated to being a world chief in SaaS, digital, and AI-driven insurance coverage software program options throughout Life, Pension & Annuities and P&C markets.”
Components Programs (TASE: FORTY; Nasdaq: FORTY) holds a 43.5% stake in Sapiens, which is valued at simply $257 million on its books, however is value $1.06 billion below the phrases of the cope with Introduction. In its submitting with the US Securities and Alternate Fee on the deal, Components states: “Introduction will purchase the vast majority of the frequent shares of Sapiens at present held by Components, which is able to proceed to retain a significant minority possession place in Sapiens.” Components CEO Man Bernstein mentioned, “Components will proceed to retain possession in Sapiens and is happy to associate with Introduction to speed up the transition to AI and SaaS, delivering the subsequent technology of insurance coverage options for our prospects.”
Introduction director Douglas Hallstrom mentioned, “We’ll work with the corporate to speed up funding into expertise innovation, AI, and buyer centricity. This transaction comes at a essential time of market change, and we consider Sapiens will extra successfully have the ability to navigate this in a personal setting.”
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Components is up by about 12% and Sapiens by about 40% on the Tel Aviv Inventory Alternate this morning.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 13, 2025.
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