Ebix Inc (EBIX) Stock: P2 Capital Partners Raises Its Stake

CUSIP No.   278715206

13D

1

Name of Reporting Person.
P2 Capital Master Fund I, L.P.

I.R.S. Identification No. of Above Person (Entities Only).
98-0515452

2

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

 o

(b)

 x

3

SEC Use Only

4

Source of Funds (See Instructions)
WC

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

6

Citizenship or Place of Organization
Cayman Islands, British West Indies

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

8

Shared Voting Power
659,643

9

Sole Dispositive Power
0

10

Shared Dispositive Power
659,643

11

Aggregate Amount Beneficially Owned by Each Reporting Person
659,643

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

13

Percent of Class Represented by Amount in Row (11)
2.0%

14

Type of Reporting Person (See Instructions)
PN