Formula Systems Announces Sapiens Acquisition by Advent
Ticker: FORTY · Form: 6-K · Filed: Aug 13, 2025 · CIK: 1045986
| Field | Detail |
|---|---|
| Company | Formula Systems (1985) Ltd (FORTY) |
| Form Type | 6-K |
| Filed Date | Aug 13, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $43.50 |
| Sentiment | mixed |
Sentiment: mixed
Topics: acquisition, subsidiary sale, software
Related Tickers: SPNS
TL;DR
Formula Systems selling Sapiens to Advent. Big payday incoming?
AI Summary
On August 13, 2025, Formula Systems (1985) Ltd. announced an agreement for the acquisition of its subsidiary, Sapiens International Corporation N.V., by Advent. Sapiens is a global leader in SaaS-based software solutions for the insurance industry.
Why It Matters
This transaction signifies a major strategic move for Formula Systems, potentially unlocking significant value through the sale of its subsidiary, Sapiens International.
Risk Assessment
Risk Level: medium — The acquisition is subject to customary closing conditions, and the completion of the transaction is not guaranteed.
Key Players & Entities
- Formula Systems (1985) Ltd. (company) — Filer of the report and parent company
- Sapiens International Corporation N.V. (company) — Subsidiary of Formula Systems being acquired
- Advent (company) — Acquiring entity
- August 13, 2025 (date) — Date of the announcement
FAQ
What is the primary purpose of this 6-K filing?
This 6-K filing is to announce that Formula Systems (1985) Ltd. has entered into an agreement for the acquisition of its subsidiary, Sapiens International Corporation N.V., by Advent.
Who is acquiring Sapiens International Corporation N.V.?
Sapiens International Corporation N.V. is being acquired by Advent.
What business does Sapiens International Corporation N.V. operate in?
Sapiens International Corporation N.V. is described as a global leader in intelligent SaaS-based software solutions for the insurance industry.
When was this acquisition agreement announced?
The agreement for the acquisition was announced on August 13, 2025.
Is the acquisition of Sapiens by Advent guaranteed to be completed?
The filing indicates that the acquisition is subject to customary closing conditions, implying that completion is not yet guaranteed.
Filing Stats: 293 words · 1 min read · ~1 pages · Grade level 11.4 · Accepted 2025-08-13 06:16:08
Key Financial Figures
- $43.50 — ing global private equity investor, for $43.50 per common share in cash. A copy of our
Filing Documents
- ea0252809-6k_formula.htm (6-K) — 15KB
- ea025280901ex99-1_formula.htm (EX-99.1 CHARTER) — 24KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- 0001045986-25-000009.txt ( ) — 44KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. FORMULA SYSTEMS (1985) LTD. By: /s/ Asaf Berenstin Name: Asaf Berenstin Title: Chief Financial Officer Date: August 13, 2025 2 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION 99.1 Formula Systems Announces Agreement for Acquisition of Sapiens International Corporation N.V. by Advent 3