Sapiens / Tia Technology 2022
Sapiens acquired Tia Technology on December 1, 2022.
- Target
- Tia Technology
- Acquirer
- Sapiens
- Announced
- December 1, 2022
- Sub-sector
- Insurtech
Transaction overview
- Sapiens announced the acquisition of Tia Technology on December 1, 2022.
Strategic rationale
Acquire insurance software developer to establish regional delivery hub for European clients and expand product development capabilities.
Deal terms & multiples
Sources
- investlithuania.com /news/leading-israeli-insurtech-sapiens-chooses-lithuania-for-strategic-delivery-centre/