Brief: Tracsis Sells Events Transport Planning & Management Business To Connection Capital
03/08/2026 07:36
BRIEF-Tracsis Sells Events Transport Planning & Management Business To Connection Capital Aug 3 (Reuters) - Tracsis PLC TRCS.L:
TRACSIS PLC - SALE OF EVENTS BUSINESS
TRACSIS - SELLS EVENTS TRANSPORT PLANNING & MANAGEMENT BUSINESS TO CONNECTION CAPITAL LLP
TRACSIS - DEAL ENTERPRISE VALUE £7.25 MILLION PAID IN CASH ON COMPLETION
TRACSIS - SALE IMMEDIATELY MARGIN-ENHANCING AND INCREASES GROUP ANNUAL RECURRING REVENUE PROPORTION
TRACSIS - EXPECTS FY2026 TRADING IN LINE WITH MARKET EXPECTATIONS INCLUDING EVENTS BUSINESS CONTRIBUTION
Source text: ID:nRSC8818Oa
Further company coverage: TRCS.L