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Tracsis has agreed to acquire Mistral Data Limited for £48 million on a cash-free, debt-free basis, subject to customary conditions. This acquisition will strengthen Tracsis’ position in the UK rail software market by broadening its capabilities and customer reach. Mistral Data's advanced software solutions will enhance Tracsis’ existing offerings. The completion of this acquisition is targeted for no later than 31st October 2026.
Company Information
Company
Tracsis
Location
Leeds, England, United Kingdom
About
Tracsis is a transport technology company that provides software and services to the public transportation sector. It specializes in rail and passenger transport solutions, focusing on improving efficiency and performance. The company aims to drive innovation in ticketing and operational applications to enhance the overall travel experience. Tracsis operates internationally and is committed to diversifying its offerings.