Zinnia to Acquire Ebix Inc.’s Life and Annuity Software Assets, Continuing Its Mission to Deliver Solutions that Simplify Insurance and Power Industry Growth
Acquiring Company
Zinnia
Acquired Company
Ebix
GreenwichJohns CreekSoftwareInformation TechnologySoftwareConsultingDescription
Zinnia Corporate Holdings, an Eldridge business and leading life and annuity insurance technology services company, has announced its acquisition of the Life and Annuity Assets of Ebix, Inc. This acquisition will further position Zinnia as a partner of choice in the industry, expanding its offerings with insurance focused CRM & agency management, market-leading research, quoting, illustration, and order entry tools, and a comprehensive underwriting platform, which will simplify experiences for advisors and their clients.
Quick answer
Zinnia is acquiring Ebix, announced February 16, 2024. Zinnia is based in Greenwich, Connecticut, United States.
- How much did Zinnia pay for Ebix?
- The deal value was not disclosed.
- What does Zinnia do?
- Zinnia, an Eldridge Industries business, simplifies L&A insurance by delivering comprehensive technology solutions for the industry’s most critical needs.
- Where are Zinnia and Ebix based?
- Zinnia is based in Greenwich, Connecticut, United States. Ebix is based in Johns Creek, Georgia, United States.
- Who are the decision-makers at Zinnia?
- Fundz holds 2 contacts at Zinnia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Consulting and Software
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Zinnia completes acquisition of Ebix’s North American Life and Annuity Assets to expand offerings and simplify experiences for advisors and clients (April 1, 2024)
- Abrigo completes acquisition of TPG Software, expanding mission-critical solutions for financial institutions (March 27, 2024)
- Vertex Companies, LLC completes acquisition of TriLogix Consulting, LLC to enhance construction solutions (March 27, 2024)
- CGL integrates JFA Associates to enhance justice consulting and facility maintenance (March 27, 2024)
- Synergy ECP completes acquisition of SoftTech Solutions to expand technical breadth (March 26, 2024)
- Marshall & Stevens completes acquisition of Rocky Mountain Advisory, LLC to enhance dispute resolution services (March 26, 2024)
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Frequently asked
Who acquired Ebix?
Ebix was acquired by Zinnia, based in Greenwich. The deal was reported on February 16, 2024. Zinnia, an Eldridge Industries business, simplifies L&A insurance by delivering comprehensive technology solutions for the industry’s most critical needs. Zinnia is privately held and operates in Software.
When did Zinnia acquire Ebix?
Zinnia's acquisition of Ebix was reported on February 16, 2024. Zinnia Corporate Holdings, an Eldridge business and leading life and annuity insurance technology services company, has announced its acquisition of the Life and Annuity Assets of Ebix, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ebix do?
It is privately held, operating in Information Technology, and is based in Johns Creek.
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