Sapiens International Delists Following Advent Acquisition Completion

Reuters12-18 01:48

Sapiens International Delists Following Advent Acquisition Completion

Sapiens International Corporation NV has completed its delisting from NASDAQ and the Tel Aviv Stock Exchange following the successful closing of its acquisition by Advent, a global private equity investor, on December 17, 2025. As a result, Sapiens will now operate as a privately held company under Advent’s ownership, with Formula retaining a minority stake. Following the transaction, Roni Al-Dor will step down as President and CEO effective December 31, 2025. Mike Ettling has been appointed Executive Chairman and will serve as interim CEO while the Board searches for a permanent replacement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sapiens International Corporation NV published the original content used to generate this news brief on December 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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