Holding firm System Methods (TASE: FORTY; Nasdaq: FORTY) is in superior talks on the sale of software program firm Sapiens (TASE: SPNS; Nasdaq: SPNS) at a valuation of $2 billion. If the deal goes head, System will acknowledge a considerable achieve on its subsidiary, which had a market cap of $1.5 billion at this morning’s opening. Sapiens’ share worth is at the moment up 17.3% on the Tel Aviv Inventory Trade, whereas System is up by greater than 9%.
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System Methods, headed by Man Bernstein, started inspecting the potential of promoting its 43.5% stake in Sapiens two years in the past, and stepped up the tempo of the transfer final 12 months. The worth of the holding on System’s books is simply $257 million, whereas its worth as derived from the phrases of the deal is a few $870 million.
Sapiens, headed by Roni Al-Dor, gives software program options to the monetary sector, mainly insurance coverage firms. Till at present, its share worth had fallen 5% because the begin of the 12 months, and by 30% up to now twelve months, utterly opposite to the market pattern.
Within the first quarter of this 12 months, Sapiens had income of $136 million, 1% greater than within the corresponding quarter of 2024. It posted a web revenue of NIS 28 million, 3% increased than within the corresponding quarter.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 10, 2025.
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