M&A Deal Summary |
|
|---|---|
| Date | 2017-09-21 |
| Target | Paul Merchants - Money Transfer Service Scheme Business |
| Sector | Financial Services |
| Buyer(s) | Ebix |
| Sellers(s) | Paul Merchants |
| Deal Type | Divestiture |
| Deal Value | 41M USD |
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| Category | Company |
|---|---|
| Founded | 1976 |
| Sector | Internet Software and Services |
| Employees | 10,030 |
| Revenue | 1.1B USD (2022) |
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 | 20 of 32 |
| Sector: Financial Services M&A | 1 of 5 |
| Type: Divestiture M&A Deals | 2 of 6 |
| Country: India M&A | 1 of 13 |
| Year: 2017 M&A | 1 of 4 |
| Size (of disclosed) | 7 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-23 |
Wdev Soluções em Tecnologia S.A.
Rio de Janeiro, Brazil Wdev Soluções em Tecnologia S.A. is a software and services firm focused primarily on the insurance marketplace. WDEV provides technology and operational consulting, Straight through processing services, and Software-as-a-Service (SaaS) products to the insurance industry. WDEV services include Business and IT Consulting, Migrations, Conversions, Integrations and Business Process Automation. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-12 |
Wall Street Finance - Money Transfer Service Scheme Business
India Wall Street Finance Ltd. - Money Transfer Service Scheme (MTSS) Business is a provider of financial services. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Financial Services |
| Revenue | 33.3B INR (2025) |
Paul Merchants is a provider of an international money transfer and forex services from its widespread network consisting of own offices and Franchisee locations of more than 22,000 across India. Paul Merchants is based in Chandigarh, Punjab.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
