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Advent International to acquire Sapiens International for $2.5 billion
Advent International will acquire Israeli insurance software provider Sapiens International for $2.5 billion in cash, expanding the private equity firm’s presence in the insurance technology market as carriers increase adoption of artificial intelligence.
Sapiens said Advent will pay $43.50 a share in cash, a roughly 47% premium to Tuesday's closing price for the Israel-based company and some 64% above Friday's closing price of $26.52, before published ...
Advent, a leading global private equity investor, has entered into a definitive agreement to acquire Sapiens International ...
The European Commission said on Tuesday it has approved the acquisition of sole control of Bulgaria's TBI Bank by U.S.-based private equity firm Advent International.
The U.K. precision-measurement company agreed to the terms of an improved cash offer from KKR valuing the target at 4.2 billion pound ($5.65 billion)--or 41.75 pounds a share--last week. On Tuesday, ...
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