Ebix - M&A Summary and Business Overview

Internet Software And ServicesCompany

Ebix M&A Summary

Ebix has acquired 32 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Ebix’s largest acquisition to date was in 2019, when it acquired Yatra Online Pvt. for $338M. Ebix has acquired in 8 different US states, and 5 countries. The Company’s most targeted sectors include internet software and services (44%) and information technology (16%).

Ebix Business Overview

Where is Ebix headquartered?

Ebix is headquartered in Johns Creek, Georgia.

What is Ebix’s revenue?

Ebix disclosed revenue of 1,050M USD for 2022 and 995M USD for 2021.

How many employees does Ebix have?

Ebix has 10,030 employees.

What sector is Ebix in?

Ebix is an internet software and services company.

When was Ebix founded?

Ebix was founded in 1976.

M&A Summary

  • M&A Total Activity34
    • M&A Buy Activity32
    • M&A Sell Activity2
  • Total Sectors Invested 7
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 8
  • M&A Advisors 4

Ebix

Ebix, Inc.

1 Ebix Way,
Johns Creek, Georgia 30097
United States,
(678) 281-2020
www.ebix.com

Ebix is a provider of software and e-commerce solutions to the insurance industry. Ebix was incorporated in 1976 and is based in Johns Creek, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 32 - - - - - 32
vol $926M $926M
Sell (0.4/yr) # - 1 - - - 1 2
  34

Most Recent M&A

Company Date Value Type
Life and Annuity Assets 2024-02-16 - Divestiture
Johns Creek, Georgia
Vertex, Inc. 2020-07-20 - IPO
King of Prussia, Pennsylvania · www.vertexinc.com
Yatra Online Pvt. Ltd. 2019-07-17 338M USD Add-on Acquisition
Gurgaon, India · www.yatra.com
Lawson Travels & Tours 2019-01-14 - Add-on Acquisition
Mumbai, India · www.lawsononline.com
Weizmann Forex Ltd. 2019-01-02 66M USD Add-on Acquisition
Mumbai, India · www.weizmannforex.com
Routier 2018-10-23 - Add-on Acquisition
Noida, India · www.routier.in
Miles Software Solutions Pvt. Ltd. 2018-09-04 19M USD Add-on Acquisition
Mumbai, India · www.milessoft.com
Indus Software Technologies Pvt. Ltd. 2018-07-20 29M USD Divestiture
Pune, India · www.indussoft.com
Smartclass Educational Services Pvt. Ltd. (SESPL) 2018-04-19 - Add-on Acquisition
New Delhi, India · www.smartlearning.com
CentrumDirect Ltd. 2018-04-03 175M USD Add-on Acquisition
Mumbai, India · www.centrumforex.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 14 (44%) 470M (51%) 1 (50%) -
Software 5 (16%) 55M (6%) 1 (50%) -
Financial Services 5 (16%) 282M (30%) - -
Information Technology 5 (16%) 119M (13%) - -
Education 1 (3%) - - -
Leisure 1 (3%) - - -
Publishing 1 (3%) - - -
Total 32 $926M 2 -

By Geo

State/Country Buy Value Sell Value
United States 12 172M 2 -
  California 4 90M - -
  Pennsylvania 2 - 1 -
  Georgia 1 66M 1 -
  Vermont 1 - - -
  Texas 1 - - -
  Ohio 1 10M - -
  Florida 1 7M - -
  Alabama 1 - - -
India 13 750M - -
Brazil 4 - - -
United Kingdom 2 - - -
Australia 1 4M - -
Domestic 12 (38%) 172M (19%) 2 (100%) -
Cross-border 20 (63%) 753M (81%) - -
Total 32 $926M 2 -

Top M&A Advisors

Financial Deals
Sherman & Company Holdings LLC
2
Jefferies
1
AlixPartners LLP
1
Legal Deals
Sidley
1

Deal Values

buy # Total
$100M to $1B 2 $513M
< $100M 12 $413M
TOTAL $926M
Largest Yatra Online Pvt. Ltd.
$338M (2019-07-17)

M&A Connections

Deals
Acquired from
Investor(s)
6%
2 (6%)
Strategic(s)
19%
6 (19%)

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