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  5. Ebix Acquires Fintechnix Pty

M&A Deal Summary

Ebix Acquires Fintechnix Pty

On June 13, 2012, Ebix acquired information technology company Fintechnix Pty for 5M AUD

Acquisition Highlights
  • This is Ebix’s 5th transaction in the Information Technology sector.
  • This is Ebix’s 13th largest (disclosed) transaction.
  • This is Ebix’s 1st transaction in Australia.

M&A Deal Summary
Date 2012-06-13
Target Fintechnix Pty
Sector Information Technology
Buyer(s) Ebix
Deal Type Add-on Acquisition
Deal Value 5M AUD

Target

Fintechnix Pty

Sydney, Australia
Fintechnix Pty Ltd. is an information technology company that has been delivering enterprise-wide innovation to the front and back office operations of financial services companies in Australia. The Company’s integrated service offerings are available through specialist modules for life insurance, superannuation, wealth management and investments.

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Buyer(S) 1

Buyer

Ebix

Johns Creek, Georgia, United States
Category Company
Founded 1976
Sector Internet Software and Services
Employees10,030
Revenue 1.1B USD (2022)
DESCRIPTION
Entrance to Ebix's headquarters in Johns Creek, Georgia.
Entrance to Ebix's headquarters in Johns Creek, Georgia.

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.

DEAL STATS #
Overall 13 of 32
Sector: Information Technology M&A 5 of 5
Type: Add-on Acquisition M&A Deals 13 of 26
Country: Australia M&A 1 of 1
Year: 2012 M&A 2 of 3
Size (of disclosed) 13 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-05 PlanetSoft

Aliso Viejo, California, United States

PlanetSoft is a provider of addressing mission critical processes in the Life and P&C segments of the insurance industry. Focused in the areas of streamlining distribution centric processes, including a seamless transaction of underwriting insurance via web portals and mobile devices, PlanetSoft is accelerating insurance sales and service through technology.

Buy $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-15 TriSystems

London, United Kingdom

TriSystems is the major online Exchange messaging service for the London commercial and reinsurance industry. The TriSystems products and services enable efficient and cost-effective communication between Underwriters and Brokers using the ACORD XML messaging standards, together with other UK and worldwide messaging standards.

Buy -
Mergr

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