M&A Deal Summary |
|
|---|---|
| Date | 2018-07-20 |
| Target | Indus Software Technologies Pvt. |
| Sector | Software |
| Buyer(s) | Ebix |
| Sellers(s) | R Systems International |
| Deal Type | Divestiture |
| Deal Value | 29M USD |
| Advisor(s) | KeyBanc Capital Markets (Financial) |
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| Category | Company |
|---|---|
| Founded | 1976 |
| Sector | Internet Software and Services |
| Employees | 10,030 |
| Revenue | 995M USD (2021) |
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 | 27 of 32 |
| Sector (Software) | 4 of 5 |
| Type (Divestiture) | 6 of 6 |
| Country (India) | 8 of 13 |
| Year (2018) | 4 of 6 |
| Size (of disclosed) | 9 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-19 |
Smartclass Educational Services Pvt.
New Delhi, India Smartclass Educational Services Pvt. Ltd. is an e-learning Company engaged in the business of education services, development of education products, and implementation of education solutions for K-12 Schools. Smartclass Educational Services Pvt. Ltd. was established in 2014 and is based in New Delhi , India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-04 |
Miles Software Solutions Pvt.
Mumbai, India Miles Software Solutions Pvt. Ltd. is a software provider to the financial services industry in India with solutions for brokerage, PMS, wealth management and treasury functions. Miles’ flagship product, Moneyware Integra, is used by majority of the domestic and global financial institutions. Miles also offers products for high net worth individuals. Miles Software Solutions Pvt. Ltd. was founded in 1999 and is based in Mumbai, India. |
Buy | $19M |
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Information Technology |
| Employees | 4,035 |
| Revenue | 11.6B INR (2021) |
R Systems International is a specialized IT Services & Solutions and IT-enabled Services provider catering to a wide range of global customers. R Systems International was founded in 1993 and is based in Noida, India.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Software) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (India) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
Swisscom AG - Intellectual Property Rights
Berne, Switzerland Swisscom AG - Intellectual Property Rights is a provider IT services. |
Buy | $700K |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
Innovizant
Downers Grove, Illinois, United States Innovizant LLC is an IT provider, focused on delivering innovative and value-driven business analytical solutions leveraging data science, data engineering and decision science to provide winning actionable insights assisting our financial services clients banking, Insurance and credit union business in achieve their business goals. Innovizant LLC was founded in 2016 and is based in Downers Grove, Illinois. |
Buy | - |
