Acquisition History / Tracsis plc / Mistral Data Limited
Tracsis plc Acquires Mistral Data Limited
Announced July 29, 2026 — $64.8M
What happened
Mistral Data is a London-based provider of software and data services to the UK rail industry, set up in 2010 as FirstGroup's technology arm. Tracsis agreed to buy it from FirstGroup to speed its shift towards recurring software revenue.
- Acquirer
- Tracsis plc
- Target
- Mistral Data Limited
- Announced
- July 29, 2026
- Price
- $64.8M
- Industry
- Rail software
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Tracsis plc acquire Mistral Data Limited?
Tracsis plc acquired Mistral Data Limited on July 29, 2026. This was Tracsis plc's 1st publicly tracked acquisition out of 1 we have on record.
How much did Tracsis plc pay for Mistral Data Limited?
Tracsis plc paid $64.8M for Mistral Data Limited.
What does Mistral Data Limited do?
Mistral Data is a London-based provider of software and data services to the UK rail industry, set up in 2010 as FirstGroup's technology arm. Tracsis agreed to buy it from FirstGroup to speed its shift towards recurring software revenue.
What other Rail software companies has Tracsis plc acquired?
Mistral Data Limited is Tracsis plc's only publicly tracked acquisition in Rail software so far.