Advent to Acquire Sapiens for $2.5 Billion

Advent International Takes Nuvei Private in a $6.3B Deal

April 1, 2024

Payments & Fintech

Nuvei entered into a definitive arrangement agreement to be taken private by Advent International in an all-cash transaction valuing the payments company at approximately US$6.3 billion. Shareholders will receive US$34.00 per share, and the deal is expected to close in late 2024 or the first quarter of 2025.

Sapiens Acquires Tia Technology from EQT Mid Market

November 9, 2020

Software

EQT Mid Market has agreed to sell Tia Technology A/S, a Denmark-headquartered provider of insurance software solutions, to Sapiens International Corporation. Under EQT's ownership Tia expanded its product portfolio, accelerated cloud capabilities and grew its employee base to about 200; the deal is expected to close by the end of November 2020.

Advent International Acquires Majority Stake in Siesa

December 2, 2024

Software

Advent International has acquired a majority stake in Siesa, the largest independent ERP provider in Colombia, from Siesint Holdings and former Siesa employees. The co-founder will remain a minority shareholder; Advent said it will support Siesa's next growth phase by investing in product innovation and expanding its offering across retail, hospitality and other industries.

Advent International to Acquire Significant Stake in Suven Pharmaceuticals

December 26, 2022

Pharmaceuticals

Advent International has entered into a definitive agreement to acquire a significant stake in Suven Pharmaceuticals from the Jasti family and will make an open offer for an additional 26% of public shares. Advent plans to evaluate a merger of its CDMO and API platform company, Cohance Lifesciences, with Suven to create a scaled end-to-end CDMO + merchant API powerhouse serving pharma and specialty chemical markets, subject to board and regulatory approvals.

Insight Enterprises Acquires SADA

December 1, 2023

IT Services

Insight Enterprises completed the acquisition of SADA, a leading Google Cloud consultancy, for $410 million plus up to $390 million in potential earnouts. The deal adds approximately 850 cloud professionals and strengthens Insight's Google Cloud capabilities, accelerating its multicloud and GenAI service offerings; SADA was purchased from Verse Holdco.

Advent International Makes Strategic Growth Investment in Iodine Software

December 1, 2021

AI & Machine Learning

Advent International agreed to acquire a significant stake in Iodine Software in a strategic growth investment that values the company at over $1 billion. The capital will support Iodine's expansion of its AI-powered clinical documentation and revenue-cycle products (CognitiveML) and help scale its go-to-market reach across hospitals and health systems.