M&A - SAPIENS INTERNATIONAL CORP N V

Form Type: 20-F

Filing Date: 2025-03-27

Corporate Action: Acquisition

Type: Update

Accession Number: 000101376225003193

Filing Summary: Sapiens International Corporation N.V. has reported on its ongoing M&A growth strategy, highlighting significant acquisitions made in recent years. Notably, in Q1 2024, Sapiens acquired the remaining shares of Sapiens Software Solutions (Decision) Ltd., integrating it into Sapiens Technologic 1982 Ltd. Additionally, a key acquisition involved NCDC S.A., a Poland-based firm, for $11.7 million. Over 2023, Sapiens also transitioned Tiful Gemel and Neuralmatic into wholly-owned subsidiaries. These acquisitions aim to expand the customer base, geographic footprint, and enhance service offerings, despite the integration complexities and competitive market landscape. The company's report elaborates on ongoing economic challenges, such as inflation and high-interest rates, impacting customer spending and the overall business environment, emphasizing the importance of successfully integrating these acquisitions for sustained growth and profitability.

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