Sapiens International Corporation N.V. (NASDAQ:SPNS) saw its stock jump more than 40% to $43.50 on Wednesday after announcing a definitive agreement to be acquired by private equity firm Advent in an all-cash deal valued at roughly $2.5 billion.
Under the terms of the agreement, Sapiens shareholders will receive $43.50 per share in cash, representing a 64% premium over the company’s closing price of $26.52 on August 8, 2025. The stock had already climbed 10% over the past week amid speculation about a potential acquisition, closing at $29.50 in the prior session.
The acquisition, which has received unanimous approval from Sapiens’ Board of Directors, will take the global insurance software solutions provider private once completed. Advent has secured committed debt and equity financing of $1.3 billion to facilitate the transaction.
“This transaction marks a significant milestone in Sapiens’ journey, reinforces the success of our strategy, our commitment to delivering exceptional value to our customers, and the strength of our global team,” said Roni Al-Dor, Chief Executive Officer of Sapiens.
Douglas Hallstrom, Director at Advent, highlighted that the firm intends to “accelerate investment into technology innovation, AI, and customer centricity” at Sapiens, adding that the deal “comes at a critical time of market change.”
Formula, a major Sapiens shareholder, will maintain its ownership stake in the company following the acquisition. The transaction is expected to close in either the fourth quarter of 2025 or the first quarter of 2026, pending shareholder approval and regulatory clearances.
Sapiens International Corporatio stock price
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