.
MergerLinks Header Logo

New Deal


Announced

Idox to acquire Aligned Assets for £10.5m.

Financials

Edit Data
Transaction Value£10m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Pending

Single Bidder

Majority

public sector software

Friendly

Acquisition

United Kingdom

Software

Domestic

Synopsis

Edit

Idox, a supplier of specialist information management software and solutions to the public and asset-intensive sectors, agreed to acquire Aligned Assets, a UK based public sector software business, for £10.5m. "This is a valuable acquisition for Idox that builds on our public sector software focused growth strategy. Having recommended Aligned Assets to existing customers to use alongside our own built environment software, the acquisition will enhance and optimise our current offering and is a natural fit," David Meaden, Idox CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US