Sapiens Set to Acquire AdvantageGo for $43M
Deal News | May 09, 2025 | Bryan Cave Leighton Paisner LLP
BCLP has advised Sapiens International Corporation on the English law aspects of its proposed acquisition of AdvantageGo for an enterprise value of 43 million. This strategic move is poised to significantly enhance Sapiens' global property and casualty (P&C) proposition by integrating cutting-edge underwriting workbench capabilities. These enhancements aim to address one of the critical challenges in the P&C industry, namely, the effective management, assessment, and writing of risk. The acquisition will bolster Sapiens' offerings in the London Specialty Market, a renowned global hub for complex insurance dealings. International law firm Bryan Cave Leighton Paisner LLP led the advisory on this cross-border transaction with partners and associates specializing in corporate transactions, employment, labor, technology, commercial, and government affairs. Financial advising to Coforge, the seller, came from BDA Partners and William Blair. Meitar and JSA served as legal advisors to Sapiens and Coforge, respectively.
Sectors
- Insurance
- Legal Services
- Financial Advisory
- Software & Technology
Geography
- United Kingdom – The acquisition includes aspects under English law and involves the London Specialty Market.
- Global – Sapiens is a global company with operations influencing international markets.
Industry
- Insurance – Sapiens specializes in insurance SaaS solutions and the acquisition aims to enhance capabilities in the property and casualty segment.
- Legal Services – BCLP and other legal advisors facilitated the acquisition process.
- Financial Advisory – Financial advisors such as BDA Partners and William Blair were involved in advising during the transaction.
- Software & Technology – AdvantageGo offers advanced underwriting solutions, indicating a significant technological aspect in the M&A.
Financials
- 43 million – The enterprise value of the acquisition of AdvantageGo by Sapiens.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sapiens International Corporation | Bidding Company | Company | A leading global provider of software solutions for the insurance industry. |
| AdvantageGo | Target Company | Company | Provides cutting-edge underwriting workbench capabilities for the insurance industry. |
| Bryan Cave Leighton Paisner LLP | Legal Advisor | Company | International law firm advising Sapiens on the legal aspects of the acquisition. |
| Coforge | Selling Company | Company | The company selling AdvantageGo. |
| BDA Partners | Financial Advisor | Company | Acted as a financial advisor to Coforge. |
| William Blair | Financial Advisor | Company | Provided financial advising to Coforge, the selling company. |
| Meitar | Legal Advisor | Company | Primary legal advisor to Sapiens. |
| JSA | Legal Advisor | Company | Legal advisor to Coforge. |