MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Sapiens (Nasdaq: SPNS) for possible breaches of fiduciary duty and other violations of law in its transaction with Advent. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. Shareholders of Sapiens will receive $43.50 per common share in cash, representing approximately $2.5 billion in the aggregate. ...

Core Insights - Sapiens International Corporation has launched its Automated Testing Services (ATS) to enhance efficiency in workers' compensation operations for Encova Insurance [1][5] - The ATS aims to reduce testing cycles, improve software quality, and allow internal resources to focus on higher-value initiatives [1][2] Company Partnership - Encova Insurance has expanded its partnership with Sapiens to address the challenges of time-intensive regression testing, which hindered frequent system upgrades [2] - The ATS provides Encova with access to a pre-built automated regression test suite that is regularly updated and customized for their operational needs [2][4] Operational Benefits - The implementation of ATS is expected to significantly reduce testing time and improve consistency in test coverage, leading to faster and higher-quality software releases [3] - Encova will receive personalized support, including training for developing automated test cases, enhancing operational flexibility [4] Technology Utilization - The ATS utilizes Microsoft Playwright, an open-source testing tool, integrated with a custom framework developed by Sapiens [4] - The first round of automated tests is scheduled to support Encova's next software upgrade in October 2025 [5] Company Background - Encova Insurance is a top 25 mutual insurance company in the U.S., with over $1.3 billion in premiums and assets exceeding $5.4 billion [7] - Sapiens International Corporation is recognized for its SaaS-based software solutions, serving over 600 customers in more than 30 countries [8][9]

Accessibility StatementSkip Navigation New configurable dashboard provides underwriters with real-time visibility into their workload Faster and more accurate underwriting will be achieved via AI-powered tools to summarize data and documents, and provide underwriting workflows that are meaningful. Metrics will quantify risk via a concise underwriting dashboard display. Underwriters will benefit from a powerful, real-time view of their workload and a quality assessment of submissions. Sapiens CoreSuite for P ...

Core Insights - Bankers Insurance Group has selected Sapiens CoreSuite for Property & Casualty to modernize its technology stack and support its growth strategy [1][2] - The partnership aims to enhance operational efficiency and deliver new products, starting with builder's risk and business owner's policy [2][3] - Sapiens CoreSuite will facilitate Bankers' transition from legacy systems to a modern, automated platform, improving service levels and responsiveness [3][4] Company Overview - Bankers Insurance Group, a subsidiary of Bankers Financial Corporation, specializes in commercial insurance in the Southeastern United States and has a history of managing catastrophic events [5] - Founded in 1976, the company has grown significantly and focuses on providing tailored insurance solutions to meet customer needs [6] Sapiens Overview - Sapiens International Corporation is a leader in SaaS-based software solutions for the insurance industry, serving over 600 customers in more than 30 countries [7][8] - The company's CoreSuite is designed to support insurers in adapting to market changes and enhancing operational excellence through automation and advanced analytics [4][8]

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sapiens International Corporation N.V. (“Sapiens International” or “the Company”) (NASDAQ: SPNS) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Sapiens International investors that lost money on their investment are encouraged to contact Lesley Portnoy, E ...

Core Viewpoint - Sapiens International (SPNS.US) has reached a significant milestone with its stock price surging over 44% to a record high of $42.49 following the announcement of a $2.5 billion acquisition deal with private equity firm Advent [1] Group 1: Acquisition Details - The acquisition deal is valued at $2.5 billion in cash, marking one of the largest private equity mergers in the insurtech sector in recent years [1] - Under the terms of the acquisition agreement, Sapiens shareholders will receive $43.5 per share, representing a premium of approximately 47.5% over the stock's closing price of $29.5 on Nasdaq the previous day [1] - The transaction has been unanimously approved by the company's board of directors and will result in the privatization of Sapiens, which is listed on both Nasdaq and Tel Aviv [1]

Core Viewpoint - Sapiens International (SPNS.US) has surged over 44% to a record high of $42.49 following the announcement of a $2.5 billion cash acquisition agreement with private equity firm Advent, marking one of the largest private mergers in the insurtech sector in recent years [1] Summary by Relevant Sections - Acquisition Details - The acquisition agreement stipulates that Sapiens shareholders will receive $43.5 in cash per share, representing a premium of approximately 47.5% over the stock's closing price of $29.5 on Nasdaq the previous day [1] - The transaction has been unanimously approved by the company's board and will result in the privatization of Sapiens, which is listed on both Nasdaq and Tel Aviv [1]

Company Performance - Sapiens reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, but down from $0.37 per share a year ago [1] - The earnings surprise for this quarter was +6.25%, following a previous surprise of +5.71% when earnings were $0.37 against an expectation of $0.35 [2] - The company posted revenues of $141.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.07% and up from $136.8 million year-over-year [3] Market Performance - Sapiens shares have increased approximately 9.8% since the beginning of the year, compared to a 9.6% gain in the S&P 500 [4] - The current consensus EPS estimate for the upcoming quarter is $0.35 on revenues of $148.8 million, and for the current fiscal year, it is $1.39 on revenues of $575.25 million [8] Industry Outlook - The Computer - Software industry, to which Sapiens belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sapiens' stock performance [6]

Core Insights - Sapiens International Corporation reported a revenue of $141.6 million for Q2 2025, reflecting a 3.5% increase compared to $136.8 million in Q2 2024 [2][16] - The company experienced a decline in net income, which was $14.2 million in Q2 2025, down 23.6% from $18.6 million in Q2 2024 [2][16] - Sapiens completed acquisitions of Advantage Go and Candella during the quarter, aimed at enhancing growth in the P&C and Life segments [2] Financial Performance - Revenue for Q2 2025 was $141.6 million, up from $136.8 million in Q2 2024, marking a 3.5% increase [2][16] - Gross profit increased to $61.9 million in Q2 2025 from $60.1 million in Q2 2024, a rise of 3.0% [2][16] - Operating income decreased to $16.8 million, down 23.2% from $21.9 million in Q2 2024 [2][16] - Net income attributable to Sapiens' shareholders was $14.2 million, a decrease of 23.6% compared to $18.6 million in Q2 2024 [2][16] - Diluted earnings per share (EPS) fell to $0.25 from $0.33, representing a decline of 24.2% [2][16] Strategic Initiatives - The company emphasized its focus on digital transformation and AI-driven innovation within the insurance sector [2] - Sapiens aims to enhance platform innovation, increase cross-selling, and accelerate cloud adoption as part of its growth strategy [2] - The acquisitions of Advantage Go and Candella are expected to strengthen Sapiens' capabilities in the P&C and Life insurance markets [2] Geographic Revenue Breakdown - In Q2 2025, North America contributed $59.8 million, Europe $70.1 million, and the Rest of the World $11.7 million to total revenues [22] - The revenue from software products and recurring post-production services was $109.9 million, while pre-production implementation services accounted for $31.7 million [22] Non-GAAP Financial Measures - Non-GAAP revenue for Q2 2025 matched GAAP revenue at $141.6 million, indicating consistent performance across measures [18] - Non-GAAP net income attributable to Sapiens' shareholders was reported at $19.3 million for Q2 2025, compared to $21.0 million in Q2 2024 [19] - Adjusted EBITDA for Q2 2025 was $24.1 million, down from $25.9 million in Q2 2024 [20]

Core Viewpoint - Sapiens International Corporation N.V. has entered into a definitive agreement to be acquired by Advent for $43.50 per share, representing a 64% premium over its undisturbed closing share price of $26.52 on August 8, 2025, valuing the company at approximately $2.5 billion [1][5][7]. Transaction Details - The acquisition will be an all-cash transaction, with Sapiens shareholders receiving $43.50 per common share [1][5]. - The transaction is expected to close in Q4 2025 or Q1 2026, pending shareholder and regulatory approvals [9]. - Advent has secured committed debt and equity financing, with an aggregate equity contribution of $1.3 billion [8]. Strategic Rationale and Benefits - The acquisition is seen as a significant milestone for Sapiens, allowing the company to accelerate its innovation roadmap and expand its global reach [3]. - Advent's expertise and resources are expected to enhance Sapiens' ability to deliver value to customers and drive digital transformation in the insurance technology sector [3][4]. - The partnership aims to support insurance carriers in their transformation journey, focusing on product innovation and service excellence [4]. Company Background - Sapiens is a global leader in intelligent SaaS-based software solutions for the insurance industry, serving over 600 customers in more than 30 countries [12]. - The company specializes in AI-driven insurance software solutions across various markets, including Life, Pension & Annuities, and Property & Casualty [12]. Stakeholder Involvement - Existing shareholder Formula Systems will retain a minority stake in Sapiens post-acquisition [2]. - The Board of Directors of Sapiens has unanimously approved the transaction and recommended it to shareholders [9].