Advent has announced the acquisition of Sapiens. According to the company announcement Advent is identified as a leading global private equity investor. The company’s investment strategy focuses on enhancing and accelerating businesses across various sectors, including technology. Advent is acquiring Sapiens International Corporation N.V., a global leader in intelligent SaaS-based software solutions for the insurance industry, in an all-cash transaction valued at approximately $2.5 billion. This acquisition is expected to accelerate Sapiens’ innovation in SaaS-based insurance solutions and expand its global reach, leveraging Advent’s deep expertise and resources to drive digital transformation in the insurance technology sector.

To learn more about Advent, visit https://www.adventinternational.com
Company LinkedIn Page: https://www.linkedin.com/company/advent-international/

Company Contact:

Advent
800 Boylston Street Boston, MA 2199
617-951-9400

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