M&A Deal Summary

Ebix Acquires A.D.A.M.

On August 30, 2010, Ebix acquired information technology company A.D.A.M. for 66M USD

Acquisition Highlights
  • This is Ebix’s 3rd transaction in the Information Technology sector.
  • This is Ebix’s 4th largest (disclosed) transaction.
  • This is Ebix’s 7th transaction in the United States.
  • This is Ebix’s 1st transaction in Georgia.

M&A Deal Summary

Date 2010-08-30
Target A.D.A.M.
Sector Information Technology
Buyer(s) Ebix
Deal Type Add-on Acquisition
Deal Value 66M USD
Advisor(s) Needham & Co. LLC (Financial)

Target

A.D.A.M.

Atlanta, Georgia, United States
A.D.A.M. is a provider of consumer health information and benefits technology solutions to healthcare organizations, benefits brokers, employers, consumers, and educational institutions. A.D.A.M. health and benefits solutions engage consumers to better understand their health, wellness and benefits choices, and provide the tools to help them make personalized health and benefits decisions, while helping healthcare organizations and employers reduce the costs of healthcare and benefits administration.

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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 8 of 32
Sector (Information Technology) 3 of 5
Type (Add-on Acquisition) 8 of 26
State (Georgia) 1 of 1
Country (United States) 7 of 12
Year (2010) 3 of 5
Size (of disclosed) 4 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-21 Connective Technologies

Houston, Texas, United States

Connective Technologies is an Exchange for the property and casualty insurance industry, specializing in Internet interface solutions for carriers and their agents. Connective solutions are used by hundreds of brokers and approximately 60 insurance companies including Grange Mutual Casualty Group, Hallmark Insurance, Indiana Farmers, National Mutual, Old Missouri, Omni, Tower Hill Insurance, Western Reserve Group and Ohio Mutual.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-27 USIX Technology

Rio de Janeiro, Brazil

USIX Technology provides Internet based sales solutions in an on-Demand manner to the insurance carriers and brokers in Brazil.

Buy -