For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260330:nRSd5374Ya&default-theme=true
RNS Number : 5374Y Accesso Technology Group PLC 30 March 2026
30 March 2026
accesso(®) Technology Group plc
("accesso" or the "Group")
Acquisition of Dexibit
-Strategic acquisition of the only AI and analytics platform purpose-built for
the attractions industry, establishing accesso as the system of record and the
system of intelligence for the sector-
-A leapfrog in capability that will rapidly embed intelligence across the
Group's solutions and operators' third-party systems, creating an AI-first
ecosystem that empowers operators to make smarter, faster decisions across
their entire business-
accesso Technology Group plc (AIM: ACSO), the premier technology solutions
provider to leisure, entertainment, and cultural markets, today announces the
acquisition of Dexibit Limited ("Dexibit"), the purpose-built data analytics
and artificial intelligence platform for the visitor attractions industry.
Dexibit's capabilities will form the foundation of a new solution, accesso
Intelligence, which will empower accesso's clients to connect their full
operational dataset, including third-party systems, and deliver actionable
insight across their entire business. As a provider of mission-critical,
vertical systems of record with deep domain expertise and transaction-based
revenue, this new AI-enabled proposition reinforces accesso's position,
deepens the Group's strategic relevance to its clients and positions it to
lead the next era of attractions technology: Intelligent Operations.
The agreement, funded through the Group's existing cash reserves, is for an
initial cash consideration of up to $7.1m. A potential additional
consideration of up to $5.0m is also payable over a three-year period, subject
to the satisfaction of certain performance conditions. The transaction
completed on 28 March 2026.
Acquisition rationale and highlights
Overall, the acquisition strongly fits the Group's strategic M&A criteria.
It embeds intelligence at the core of accesso's platform and across the wider
systems operators depend on, delivering a cross-platform capability that no
other provider in the industry is positioned to offer. accesso will of course
also continue to embed AI into its individual products as part of their
natural evolution, but this acquisition represents something larger: an
enterprise-wide intelligence layer that sits above any single product and
strengthens the entire ecosystem.
accesso believes the acquisition will:
Solve a critical problem: venues generate vast operational data which sits
dormant in disconnected systems. Venue operators typically lack the scale or
in-house expertise to build an enterprise-wide intelligence capability on
their own. Without one, they miss significant optimisation opportunities as AI
reshapes how businesses operate. accesso Intelligence will unify operator data
from ticketing, staffing, and maintenance through to weather, visitor reviews,
and local events, and use AI to surface the correlations that matter.
Critically, this extends beyond accesso's own applications: accesso
Intelligence will connect the operator's full technology landscape, including
third-party systems, to deliver value across their entire operation.
Put intelligence in the hands of every decision-maker through simple
conversation. For many operators, basic analysis across multiple data sources
still requires spreadsheets, database queries, and specialist skills. With
accesso Intelligence, an operations manager can ask "Why did we underperform
last Saturday?" and get an answer that pulls together attendance, staffing,
weather, and guest feedback automatically. A General Manager can ask "What
should we change on the restaurant menu?" and see sales, item margins, and
visitor reviews synthesised into a recommendation. This is intelligence that
every decision-maker at a venue can access directly, with conversational AI.
Bring a truly differentiated proposition to market. Many companies in
accesso's industry are adopting AI by introducing basic AI features within
their individual products. This acquisition is fundamentally different: a
material investment in a cross-platform intelligence capability that spans
accesso's full product set and the third-party systems operators rely on. As
AI models rapidly commoditise, the competitive advantage comes not from the
model but from proprietary data and industry-specific context. This is exactly
what Dexibit brings: deep domain-specific context built over many years,
breadth of integration across the industry's fragmented technology landscape,
and historical pattern recognition that only accumulates with time and scale.
This represents years of purposeful development, acquired in a single decisive
move. As a provider of mission-critical systems of record with deep domain
expertise and transaction-based revenue, AI reinforces accesso's position and
deepens the Group's strategic relevance to its clients.
Deliver for accesso based on a proven track record across an existing blue
chip client base. Dexibit already serves some of the world's most recognised
cultural and entertainment institutions, including leading aquariums, museums
and visitor attractions. Its capabilities have been validated across a diverse
client base, and its more than 100 integrations create a natural channel to
deploy analytics on a customer's existing systems and introduce accesso's
broader platform.
Commenting on the acquisition, Steve Brown, accesso's CEO, said:
"Putting operators first is at the core of what we do by helping them optimise
their business, and AI is now becoming an important part of how we deliver on
that. With accesso Intelligence, we are bringing together data across all the
systems they use, including accesso solutions, to create a more complete and
connected view of their operation. We are delighted to welcome the Dexibit
team to accesso as we deliver on this vision."
Commenting on the acquisition, Angie Judge, Dexibit's CEO, said:
"I am incredibly proud that Dexibit is joining accesso, whose unparalleled
global reach spans the world's most iconic attractions. As we got to know the
accesso team, it genuinely felt like home. Together we can build something
genuinely transformative for the industry, combining intelligence and
execution to help venue operators move faster with insightful decisions in an
increasingly complex landscape. We can't wait to get started."
Further information on Dexibit
Dexibit is the purpose-built analytics and AI platform for visitor
attractions, connecting more than 100 of the industry's major operating
systems alongside external data sources to give operators a complete picture
of their business in one place. This depth of domain-specific context, breadth
of integration across a fragmented technology landscape, and years of
accumulated historical pattern data represent a capability that would take
years to build independently. The platform includes over 1,000 pre-built
visualisations, AI-powered conversational analytics, and demand forecasting.
Acquisition terms
Under the terms of the Acquisition, accesso will purchase the entire issued
share capital of Dexibit Limited from its shareholders for a total maximum
consideration of NZD$20.9m (approximately US$12.1m) (the "Total
Consideration") on a cash free, debt free basis, subject to customary working
capital adjustments.
The Total Consideration comprises initial cash consideration of up to
approximately NZD$12.2m (approximately US$7.1m) payable upon completion, plus
additional deferred and performance-related consideration of up to
approximately NZD$8.7m (approximately US$5.0m) payable over a three-year
period, subject to the satisfaction of certain performance conditions.
The Acquisition is being funded from the Group's existing cash reserves.
Financial information on Dexibit
For the twelve months ended 31 December 2025, Dexibit generated unaudited
revenues of approximately US$1.0m and a loss before tax of US$0.2m. Dexibit is
approaching EBITDA breakeven as it continues to scale its customer base. At
the date of completion, Dexibit had annual recurring revenue of approximately
US$1.4m, coming from 40 customers across over 75 venues. The majority of
Dexibit's revenue is recurring, delivered through annual SaaS subscription
agreements.
Effect on the Group
The Board believes the strategic and commercial benefits of the Acquisition,
including the enhancement of the Group's analytics and AI capabilities, will
deliver significant value to the Group over the medium term.
The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014. Upon this announcement's publication, this inside information is now
considered in the public domain.
For further information, please contact:
accesso Technology Group plc +44 (0)118 934 7400
Steve Brown, Chief Executive Officer
Matthew Boyle, Chief Financial Officer
Deutsche Numis (Nominated Adviser and Sole Broker) +44 (0)20 7260 1000
Joshua Hughes, Iqra Amin
DGA Group +44 (0)20 7550 9225
Adam Davidson, Corbin Ellington
About accesso Technology Group plc
accesso is the leading global provider of patented and award-winning
technology solutions that redefine the guest experience. accesso provides
connected ticketing and eCommerce, virtual queuing, restaurant and retail
point of sale, distribution, mobile apps, experience management and analytics
solutions for more than 1,100 venues worldwide. Its technology helps operators
streamline operations, increase revenue and improve the guest journey. accesso
delivers a high volume of product enhancements year-round and continuously
invests in R&D to help venues and operators adapt to evolving guest needs.
accesso is a public company, listed on AIM: a market operated by the London
Stock Exchange. Learn more at accesso.com or follow accesso on Twitter,
LinkedIn and Facebook.
This information is provided by RNS, the news service of the London Stock
Exchange. RNS is approved by the Financial Conduct Authority to act as a
Primary Information Provider in the United Kingdom.
END
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END ACQJLMATMTITBTF
Copyright 2019 Regulatory News Service, all rights reserved