'Tracsis is better positioned than ever': Leeds company completes acquisition of Mistral Data

'Tracsis is better positioned than ever': Leeds company completes acquisition of Mistral Data

Tracsis said it was well placed to benefit from sustained investment in rail technology as it completed an acquisition to boost its market share.

Tracsis rises amid focus on software and data – Northern Financial Review

Shares of Leeds-based transport technology provider Tracsis plc rose as much as 8% after it published a trading update for the year ended July 31, 2026, and confirmed the completion of its acquisition of Mistral Data Limited, a wholly owned subsidiary of FirstGroup plc. Tracsis said its FY26 financial performance is in line with market expectations. “Group revenue is expected to be c.£85.5m (2025: £81.9m), with adjusted EBITDA expected to be c.£…

Tracsis completes £48m Mistral Data acquisition as FY26 trading meets expectations

Transport technology provider Tracsis has completed its £48m acquisition of rail software business Mistral Data after reporting full-year trading in line with market expectations. The Leeds-based group expects revenue for the year ended 31 July 2026 to reach approximately £85.5m, up from £81.9m in the prior year. Adjusted EBITDA is anticipated to rise to around £13.5m, compared with £12.6m in FY25. Tracsis said the figures include a full-year co…

Leeds transport technology provider Tracsis completes £48m Mistral Data deal

Tracsis, the Leeds-based transport technology provider, has completed its acquisition of Mistral Data in a £48m deal. A wholly owned subsidiary and part of FirstGroup’s First Rail division, Mistral Data was established to develop and provide complementary software solutions to the rail industry. These solutions integrate data from multiple sources including customer-facing websites and apps […]

Tracsis completes £48m swoop amid strong results

Transport technology provider Tracsis has completed its £48 million acquisition of Mistral Data, a wholly owned subsidiary of FirstGroup plc. Mistral Data is a UK rail software and data provider helping train companies to communicate with passengers, manage demand and revenue, run day-to-day operations and monitor rolling stock. Listed Leeds company Tracsis said the deal completed yesterday following clearance from the Competition and Markets Au…

Tracsis completes £48m Mistral Data acquisition as revenues rise

The AIM-listed business expects to report revenue of around £85.5m for the year to 31 July 2026, up from £81.9m a year earlier