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Universal Advs, Trilegal, Luthra do $19m acquisition of Miles Software by Ebix

“Ebix Inc, a US-listed supplier of software and e-commerce services to finance and insurance companies, on Tuesday said that it has acquired Miles Software, an asset and wealth-management services provider, for at least $19 million dollars,” reported Mint.

Universal Legal Advocates advised Miles Software Solutions Private Limited led by a team of partners Rashi Kapoor Mehta and Neha Sehgal Mirchandani.

Trilegal acted for the exiting investors of Miles, Zephyr Peacock, led by a team including partner Yogesh Bhattarai with associates Sagar Godbole and Harshavardhan Goel.

L&L Partners represented Zephyr and Lighthouse, led by a team of partners Amit Shetye and Rohan Shah.


Deal value: USD 19 mm with an additional contingent earn out of up to $8.5 million payable

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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