Formula Systems (1985) .(US:FORTY) Yahoo Finance·2025-10-12 18:13Core Insights - Formula Systems (1985) Ltd. has been one of the top-performing midcap tech stocks over the last three years, driven by consistent earnings growth and strategic portfolio adjustments [1][3] - The company announced the acquisition of its insurance-software subsidiary, Sapiens International Corporation N.V., by Advent International in an all-cash deal, highlighting the strong interest from private equity in mature, cash-flowing AI-enabled software assets [1][2] Financial Performance - In Q2 2025, Formula reported record revenues of $743.4 million, reflecting an 11.3% year-over-year increase, marking its strongest quarter to date [2] - The revenue growth was attributed to strong demand in software services and enterprise automation, despite uneven global IT spending [2] Company Overview - Formula Systems operates as a tech investment group based in Or Yehuda, Israel, with investments in IT services, software, and digital transformation platforms across various regions [3] - The company exemplifies a disciplined, high-cash-flow mid-cap that is currently favored by the market [3]