M&A Deal Summary

Ebix Acquires YouFirst Money Express Pvt. - Money Transfer Service Scheme Business

On October 12, 2017, Ebix acquired financial services company YouFirst Money Express Pvt. - Money Transfer Service Scheme Business from YouFirst Money Express Pvt.

Acquisition Highlights
  • This is Ebix’s 3rd transaction in the Financial Services sector.
  • This is Ebix’s 3rd transaction in India.

M&A Deal Summary

Date 2017-10-12
Target YouFirst Money Express Pvt. - Money Transfer Service Scheme Business
Sector Financial Services
Buyer(s) Ebix
Sellers(s) YouFirst Money Express Pvt.
Deal Type Divestiture

Target

YouFirst Money Express Pvt. - Money Transfer Service Scheme Business

Mumbai, India
YouFirst Money Express Pvt. Ltd. - Money Transfer Service Scheme (MTSS) Business is a provider of financial services.

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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 22 of 32
Sector: Financial Services M&A 3 of 5
Type: Divestiture M&A Deals 4 of 6
Country: India M&A 3 of 13
Year: 2017 M&A 3 of 4
PREVIOUS DEAL
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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Via.com

Bangalore, India

Via.com is an online travel and e-commerce exchange platform. Via.com was established in 2006 and is based in Bangalore, India.

Buy $75M

Seller(S) 1

SELLER

YouFirst Money Express Pvt.

Mumbai, India

Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

YouFirst Money Express Pvt. Ltd. is a provider of banking services. YouFirst Money Express was founded in 2013 and is based in Mumbai, India.


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