SIDLEY AUSTIN LLP

Thomas R. Califano (24122825) 

Rakhee V. Patel (00797213) 

Jeri Leigh Miller (24102176) 

2021 McKinney Avenue, Suite 2000 

Dallas, Texas 75201 

Telephone: (214) 981-3300 

Facsimile: (214) 981-3400 

Email: tom.califano@sidley.com 

 rpatel@sidley.com 

 jeri.miller@sidley.com

SIDLEY AUSTIN LLP

Andres Barajas (admitted pro hac vice) 

Weiru Fang (admitted pro hac vice) 

787 Seventh Avenue 

New York, New York 10019 

Telephone: (212) 839-5300 

Facsimile: (212) 839-5599 

Email: andres.barajas@sidley.com

 weiru.fang@sidley.com 

Attorneys for the Debtors 

and Debtors in Possession

IN THE UNITED STATES BANKRUPTCY COURT

FOR THE NORTHERN DISTRICT OF TEXAS

DALLAS DIVISION

In re:

EBIX, INC., et al.1

 Debtors. 

Chapter 11 

Case No. 23-80004 (SWE) 

(Jointly Administered) 

NOTICE OF CLOSING OF NA L&A ASSETS SALE TRANSACTION

1

 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification 

number, as applicable, are: Ebix, Inc. (1975), Vertex, Incorporated (6295), P.B. Systems, Inc. (9074), Ebix 

Consulting, Inc. (6666), Ebix US, LLC (N/A), Facts Services, Inc. (1348), Doctors Exchange, Inc. (N/A), Ebix 

International LLC (N/A), Agency Solutions.com, LLC d/b/a Health Connect LLC (N/A), ConfirmNet 

Corporation (2737), A.D.A.M., Inc. (8070), and Ebix Latin America, LLC (N/A). The Debtors’ mailing address 

is 1 Ebix Way, Johns Creek, Georgia 30097.

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PLEASE TAKE NOTICE that, on December 18, 2023, Ebix, Inc. and its debtor affiliates 

as debtors and debtors in possession (the “Debtors”) executed an Asset Purchase Agreement (as 

amended, supplemented, or otherwise modified by the parties thereto, the “Stalking Horse APA”)

between the Debtors and Zinnia Distributor Solutions LLC (the “Stalking Horse Purchaser”) for 

the sale of the North American life and annuities assets (the “NA L&A Assets,” and such 

transaction, the “Sale Transaction”) and the assumption of certain liabilities of the Debtors, each 

as specifically enumerated in the Stalking Horse APA and subject to the terms and conditions set 

forth therein. 

PLEASE TAKE FURTHER NOTICE that, on December 18, 2023, the Debtors filed the 

Debtor’s Emergency Motion for Entry of an Order (I)(A) Approving Bid Procedures; 

(B) Approving the Debtors’ Entry into the Stalking Horse APA and Approving Bid Protections; 

(C) Scheduling Auction and Sale Hearing; (D) Approving the Form and Manner of Notices 

Relating to the Sale Transaction; (E) Approving Assumption and Assignment Procedures; 

(II) Authorizing the Sale Transaction; and (III) Granting Related Relief [Docket No. 43] (the “Bid 

Procedures Motion”), which attached the executed Stalking Horse APA as Exhibit 2.2

PLEASE TAKE FURTHER NOTICE that, on January 18, 2024, the United States 

Bankruptcy Court for the Northern District of Texas (the “Court”) entered the Order 

(I)(A) Approving Bid Procedures; (B) Approving the Debtors’ Entry into the Stalking Horse APA 

and Approving Bid Protections; (C) Scheduling Auction and Sale Hearing; (D) Approving the 

Form and Manner of Notices Relating to the Sale Transaction; (E) Approving Assumption and 

Assignment Procedures; (II) Authorizing the Sale Transaction; and (III) Granting Related Relief

[Docket No. 199] (the “Bid Procedures Order”), approving, among other things, the bid 

procedures to be used in connection with the potential sale of the NA L&A Assets to the Stalking 

Horse Purchaser or the Successful Bidder (as defined in the Bid Procedures Order).

PLEASE TAKE FURTHER NOTICE that, in accordance with the Bid Procedures 

Order, the Debtors cancelled the auction for the Debtors’ NA L&A Assets and named the bid 

submitted by the Stalking Horse Purchaser as the highest and best bid. See Docket No. 309. 

PLEASE TAKE FURTHER NOTICE that, on February 16, 2024, the Court entered an 

order [Docket No. 334] (the “Sale Order”), approving the Sale Transaction. 

PLEASE TAKE FURTHER NOTICE that, on April 1, 2024, the Sale Transaction closed 

in accordance with the Stalking Horse APA and the Sale Order. 

PLEASE TAKE FURTHER NOTICE that, a schedule of the final purchase price from 

the Sale Transaction is attached as Exhibit 1 hereto. 

PLEASE TAKE FURTHER NOTICE that copies of the Sale Order and other pleadings 

filed in this case may be obtained (i) at the website established by the Debtors’ claims and noticing 

2

 Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in 

the Bid Procedures Motion or Stalking Horse APA, as applicable. 

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agent, Omni Agent Solutions, Inc. at https://omniagentsolutions.com/Ebix, (ii) from the Court’s 

website http://www.txnb.uscourts.gov via ECF/Pacer, or (iii) upon request to the undersigned.

[Remainder of page intentionally left blank.]

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Dated: April 5, 2024

Dallas, Texas /s/ Jeri Leigh Miller

SIDLEY AUSTIN LLP 

Thomas R. Califano (24122825) 

Rakhee V. Patel (00797213) 

Jeri Leigh Miller (24102176) 

2021 McKinney Avenue, Suite 2000 

Dallas, Texas 75201 

Telephone: (214) 981-3300 

Facsimile: (214) 981-3400 

Email: tom.califano@sidley.com 

rpatel@sidley.com 

jeri.miller@sidley.com 

and 

Andres Barajas (admitted pro hac vice) 

Weiru Fang (admitted pro hac vice) 

787 Seventh Avenue 

New York, New York 10019 

Telephone: (212) 839-5300 

Facsimile: (212) 839-5599 

Email: andres.barajas@sidley.com 

weiru.fang@sidley.com

Attorneys for the Debtors 

and Debtors in Possession 

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Certificate of Service

I certify that on the April 5, 2024, I caused a copy of the foregoing document to be served 

by the Electronic Case Filing System for the United States Bankruptcy Court for the Northern

District of Texas.

/s/ Jeri Leigh Miller

Jeri Leigh Miller

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