IDOX plc (AIM:IDOX) acquired Trojan Consultants Limited for an initial enterprise value of £7.9 million on May 13, 2025. Idox will acquire Plianz for an initial enterprise value of £7.65 million in cash payable from existing resources, increasing to a maximum of £7.9 million contingent on achieving agreed revenue targets within 12 months of completion.
For the period ending March 31, 2025, Trojan Consultants Limited reported total revenue of £2.5 million.
Benjamin Cryer and Kate Bannatyne of Peel Hunt LLP acted as financial advisor for IDOX plc.
IDOX plc (AIM:IDOX) completed the acquisition of Trojan Consultants Limited on May 13, 2025.
Idox plc is a United Kingdom-based supplier of specialist information management software and geospatial data solutions to the public and asset-intensive sectors. The Company's segments include Land, Property & Public Protection (LPPP), Assets, and Communities (COMM). The LPPP segment delivers specialist information management solutions and services to the public sector. The Assets segment delivers engineering document management and control solutions to asset intensive industry sectors. The COMM segment delivers software solutions to clients with social value running through their core. The Company's solutions include regulatory services, engineering information management, public protection, electoral services, sexual health management, funding and information services, and hospital asset tracking and records management. The Company serves various industries, including government, health, transport, engineering and construction, land and property, emergency services, and utilities.
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