Tracsis plc (TRCS) · 2026-08-24
Trading Update and Completion of Acquisition
Tracsis completed its £48m acquisition of Mistral Data, funded partly by £38.7m of revolving credit drawings, while FY26 performance remained in line with market expectations.
Tracsis plc (TRCS) · 2026-08-03
Sale of Events business
Tracsis plc has sold 100% of Tracsis Events Limited to Connection Capital for a GBP7.25m enterprise value on a cash-free, debt-free basis. Consideration was paid in cash, subject to working-capital adjustments, and net proceeds will reduce debt following the anticipated Mistral Data acquisition.
Tracsis plc (TRCS) · 2026-07-29
Proposed acquisition of Mistral Data Limited
Tracsis agreed to buy FirstGroup's Mistral Data for £48m in cash, subject to CMA clearance. The target generated c.£13m revenue and c.£4m adjusted EBITDA in the year to 31 March 2026.