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.