Divestiture • Internet Software and Services

Sapiens Acquires AdvantageGo

On April 28, 2025, Sapiens acquired internet software and services company AdvantageGo from COFORGE

Acquisition Context
  • This is Sapiens’ 2nd transaction in the Internet Software and Services sector.
  • This is Sapiens’ 2nd transaction in the United Kingdom.

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M&A Deal Summary

Date April 28, 2025
Target AdvantageGo
Sector Internet Software and Services
Buyer(s) Sapiens
Sellers(s) COFORGE
Deal Type Divestiture

Target Company

AdvantageGo

London, United Kingdom
AdvantageGo is a commercial insurance software provider specializing in underwriting workbench solutions for both the London and global commercial markets. The company delivers a single, modular platform designed specifically for specialty and commercial (re)insurers that empowers underwriters with an underwriting workbench, exposure management, and policy administration modules that drive the complete policy lifecycle from pre-bind risk and portfolio assessment value to policy renewals and beyond. AdvantageGo is based in London.
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Buyer Overview 1

Buyer

Sapiens

Holon, Israel

Category Company
Founded 1982
Sector Software
Employees4,850
Revenue 542M USD (2024)
DESCRIPTION

Sapiens is a provider of software solutions for the insurance industry, with a focus on the broader financial services sector. Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software. Sapiens was founded in 1982 and is based in Holon, Israel.


Deal Context for Buyer #
Overall 15 of 15
Sector: Internet Software and Services 2 of 2
Type: Divestiture 3 of 3
Country: United Kingdom 2 of 2
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-22 Candela

Bangalore, India

Candela is an intelligent automation company servicing blue-chip, APAC-based insurance clients. The company offers an end-to-end insurance automation platform along with digital services and solutions. It serves customers from Singapore, Malaysia, Thailand, Hong Kong and South Africa. Candela is headquartered in Bangalore.

Buy $22M

Seller Profile 1

SELLER

COFORGE

New Delhi, India

Category Company
Founded 1992
Sector Information Technology
Employees25,620
Revenue 120.5B INR (2025)
DESCRIPTION

COFORGE is a global IT solutions organization addressing the requirements of clients across Americas, Europe, Asia, and Australia. COFORGE was founded in 1992 and is based in New Delhi, Haryana.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
Country: United Kingdom 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Cigniti Technologies

Hyderabad, Texas, United States

Cigniti Technologies provides AI-driven, IP-led, strategic digital assurance, software quality engineering, testing, and consulting services. Cigniti Technologies was founded in 1998 and is based in Hyderabad, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-26 Encora

Santa Clara, California, United States

Encora is a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally native companies whose market position and growth are driven by proprietary software products. Encora was founded in 2005 and is based in Santa Clara, California.

Buy $2.4B