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New Deal


Announced

Completed

Idox acquired Tascomi for £7.15m.

Financials

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Transaction Value£7m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United Kingdom

Software

Friendly

software development

Private

Completed

Single Bidder

Synopsis

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Idox, a leading supplier of specialist information management solutions and services, acquired Tascomi, a public sector software house, for £7.15m. David Meaden, CEO of Idox, commented: “The addition of Tascomi’s technology platform to Idox’s deep domain knowledge and account management model will be a powerful combination that will allow us to deliver the next generation of software solutions to customers in our core public sector markets and drive enhanced shareholder value and service to customers."

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