Simpson Thacher Represents Affiliates of Goldman Sachs & Co. in Connection with the Committed Financing for Their Acquisition of Ebix, Inc.
05.01.13
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Simpson Thacher recently represented Broad Street Principal Investments, L.L.C., an affiliate of Goldman Sachs & Co., in connection with the financing for its acquisition of Ebix, Inc. (EBIX), a public company listed on the NASDAQ Global Market. The transaction, which is expected to close later this year, values Ebix, Inc., at about $820 million. Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry.
The Simpson Thacher team included partner Jennifer Hobbs and associates, Eli Isak and Chris Dass (Credit and Banking). Richard Fenyes also provided capital markets advice.