Ebix Engages Jefferies as its Exclusive Investment Bank

JOHNS CREEK, Ga., Dec. 02, 2022 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: “Ebix”), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, today announced that it has engaged Jefferies LLC and Jefferies Finance LLC, a reputed global investment bank, to serve as its banker in connection with the refinancing of the Company’s existing credit facilities. As a part of the engagement, Jefferies will exclusively assist the Company in exploring public and private debt and equity options.

Ebix also announced that it has engaged the services of Sidley Austin LLP, a multinational law firm, to assist the Company in the above endeavors.

About Ebix, Inc.

With approximately 200 offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries. In the Insurance sector, Ebix’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 administration and risk compliance services, around the world.

Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com