Divestment30 Apr 2025, 10:49 am
Coforge divests AdvantageGo to Sapiens for GBP 43,000,000
AI Summary
Coforge Limited, a global digital services and solutions provider, has announced the divestment of Coforge Advantage Go Limited to Sapiens UK Limited. The deal, worth GBP 43,000,000, is expected to be completed in 4-6 weeks. AdvantageGo is a leading product provider in the Commercial and Specialty space with a dominant market position in the Lloyd's Syndicate Market. The transaction will enable Coforge to sharpen its focus on the Insurance Services business.
Key Highlights
- Coforge divests AdvantageGo to Sapiens for GBP 43,000,000
- AdvantageGo is a leading product provider in the Commercial and Specialty space
- The transaction is expected to be completed in 4-6 weeks
- Coforge to focus sharpen its focus on the Insurance Services business
- AdvantageGo has been in business for 30+ years and has served several marquee insurers