EBIX has acquired 100% stake in Lawson
Mumbai – CFI India is pleased to announce that they acted as the exclusive corporate finance advisor to Lawson Travels & Tours India P. Ltd. on its sale to EBIX, Inc.
Started in 1991, Lawson Travels & Tours has a strong focus on B2B clients and international ticketing. The Company’s core geographical strength is in the Southern and Western areas of the country, with a special focus on Kerala and the related Middle East markets, serviced through its 3,000 agents in Kerala alone. For more information, visit the Company’s website at www.lawsononline.com.
With 50+ offices across 5 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service (“SaaS”) enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.
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Transaction details
EBIX has acquired Lawson, a well-recognized travel house focusing majorly on International travel & allied services
This transaction was advised by:
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