{"id":44505,"date":"2019-10-28T00:00:00","date_gmt":"2019-10-27T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/sapiens-compra-calculo-y-se-adentra-en-espana\/"},"modified":"2025-03-12T11:48:02","modified_gmt":"2025-03-12T10:48:02","slug":"sapiens-compra-calculo-y-se-adentra-en-espana","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/sapiens-compra-calculo-y-se-adentra-en-espana\/","title":{"rendered":"SAPIENS BUYS CALCULUS AND MOVES INTO SPAIN"},"content":{"rendered":"<p style=\"text-align: justify;\">Sapiens, an Israeli provider of software for the insurance sector, has recently acquired the Spanish company C\u00e1lculo, an insurance and technical support consultancy specialised in the same sector.<\/p>\n<p style=\"text-align: justify;\">Software development is one of the most profitable activities today, and there are many markets where software has become a must-have product.<\/p>\n<p>A clear example of this is the insurance sector, as evidenced by the movements they generate in corporate finance.<\/p>\n<p>For example, Sapiens, which has just bought the Spanish company C\u00e1lculo. An operation carried out after a \"relatively simple\" decision, in the words of <em>Roni Al-Dor<\/em>The company's president and CEO of the software provider.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"AUMENTO_DE_BENEFICIOS\"><\/span>INCREASE IN PROFITS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Calculation meets all the requirements of the growth strategy by <a href=\"https:\/\/techma.bakertilly.es\/en\/<a href=\/\"https:>M&amp;A transactions<\/a>-y-<a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">mergers and acquisitions<\/a>-m-a\/\u00bb target=\u00bb_blank\u00bb rel=\u00bbnoopener\u00bb>adquisici\u00f3n<\/a> of Sapiens:<\/p>\n<ul style=\"text-align: justify;\">\n<li>It allows them to expand geographically.<\/li>\n<li>It grows its customer base.<\/li>\n<li>It adds a talented team of experts and complementary capabilities and services to our portfolio.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Moreover, its team of professionals is one of the most important in technology for the insurance sector in Spain.<\/p>\n<p style=\"text-align: justify;\">Its expected revenue for 2019 is approximately 10M$, with profitability at <em>break even<\/em>The transaction is expected to be earnings accretive from the end of 2020.<\/p>\n<p style=\"text-align: justify;\">Despite the <a href=\"https:\/\/techma.bakertilly.es\/en\/acquiere-a-company-2\/\">acquires<\/a>Sapiens will continue to invest in and support the Spanish company's products, including the core e-Tica insurance system and other solutions for existing and new customers, while offering its products.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"ENTRADA_EN_EL_MERCADO_IBERICO\"><\/span>ENTRY INTO THE IBERIAN MARKET<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">They, together with an important customer base that includes several blue chip companies, will help Sapiens continue its global expansion by penetrating the Iberian market.<\/p>\n<p style=\"text-align: justify;\">This purchase is only the first step for the Israeli group to enter the Spanish and Portuguese market, something that the company sees as a long-term growth opportunity, although the main objective is long-term expansion in the Spanish market.<\/p>\n<p style=\"text-align: justify;\">It will also offer the Calculus team and customers access to innovative technologies, a global network of relationships and extensive resources.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"SAPIENS\"><\/span>SAPIENS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">With a track record of more than 30 years, <a href=\"https:\/\/www.sapiens.com\/\" target=\"_blank\" rel=\"noopener\">Sapiens<\/a> is a <strong>leading global provider of software solutions for the insurance industry<\/strong>with a growing presence in the financial services sector.<\/p>\n<p style=\"text-align: justify;\">It offers solutions for the global general insurance, property and casualty, life, pensions, annuities and retirement markets, as well as business decision management software.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"CALCULO\"><\/span>CALCULUS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">It was created in 1966 and is based in Madrid, with additional offices in Barcelona.<\/p>\n<p style=\"text-align: justify;\">It is about <strong>a company that offers specialised IT solutions for insurance companies in the Spanish market, as well as sector-specific management products and consultancy services.<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.calculo-sa.es\/\" target=\"_blank\" rel=\"noopener\">Calculation<\/a> has 25 insurance clients, including blue chip companies, and an expert team of more than 150 professionals.<\/p>\n<p style=\"text-align: justify;\">With this acquisition, it will be able to enhance its growth through access to new technology, contacts and resources.<\/p>","protected":false},"excerpt":{"rendered":"<p>Sapiens, an Israeli provider of software for the insurance industry, has just bought the insurance and technical support consultancy. We analyse it from Corporate Finance.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1751],"tags":[152,155,153],"sectores":[],"tipo-contenido":[2260],"class_list":["post-44505","post","type-post","status-publish","format-standard","hentry","category-adquisiciones-mas-relevantes","tag-compra-de-empresas","tag-corporate-finance-spain","tag-global-corporate-finance","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=44505"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44505\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=44505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=44505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=44505"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=44505"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=44505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}