M&A Deal Summary

Sapiens Acquires FIS Software

On July 21, 2011, Sapiens acquired software company FIS Software

Acquisition Highlights
  • This is Sapiens’ 2nd transaction in the Software sector.
  • This is Sapiens’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-07-21
Target FIS Software
Sector Software
Buyer(s) Sapiens
Deal Type Add-on Acquisition

Target

FIS Software

Cardiff, United Kingdom
FIS Software Ltd. is a provider of software services.

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Buyer(S) 1

Buyer

Sapiens

Holon, Israel

Category Company
Founded 1982
Sector Software
Employees5,000
Revenue 515M USD (2023)
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 STATS #
Overall 2 of 14
Sector (Software) 2 of 6
Type (Add-on Acquisition) 2 of 12
Country (United Kingdom) 1 of 1
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-21 IDIT Technologies

Beit Dagan, Israel

IDIT Technologies Ltd. is a provider of enterprise software solutions for the general insurance market. The company’s solutions are based on IDIT™ Software Suite – an enterprise software suite which integrates the business capabilities essential for any general insurance provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-30 Knowledge Partners International

Cary, North Carolina, United States

Knowledge Partners International LLC is a provider of decision management consultancy, services and training.

Buy -