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Mumbai – CFI India is pleased to announce it acted as the exclusive corporate finance advisor to Miles Software Solution’s Pvt. Ltd (Miles Software) on its sale to EBIX, Inc. (Ebix).
Ebix (NASDAQ: EBIX, www.ebix.com), a leading international supplier of On-Demand
software and E-commerce services to the insurance, financial, healthcare and e-learning industries. It has 50+ offices across 5 continents and a market capitalization of approximately $2.6 Billion.
Miles Software Solution’s Pvt. Ltd., is India’s and Mauritius’s leading wealth and asset management on-demand software provider to banks, asset managers and wealth management firms, besides having 300+ financial service customers across 18 different countries in Europe, Middle East and South-East Asia. The Company is currently also working on developing a B2B Wealth Exchange between wealth managers, distributors and originators using block chain technology.
The transaction closed on 4 September 2018.
has been acquired by
Advised by:
sold a minority stake to
Advantage Smollan has acquired 33% of the shares in Selsoft, a software company dedicated to the development of sales technology tools for optimizing sales processes
and management have sold
to
Dreyer Ventures exits BNS, a vertical market software provider for transport management solutions, to MHP Software, a portfolio company of Elvaston
has sold a majority stake to
Advantage Smollan has acquired a majority stake in Selsoft, a software company dedicated to the development of sales technology tools for optimizing sales processes
has acquired
from
and
Dürr, amechanical and plant engineering firm, acquires iTAC Software, a leader in industrial Internet of Things (IoT) software, from an investment consortium led by TVM Capital
