Acquisition of Dexibit

Summary by AI BETAClose X

Accesso Technology Group plc has acquired Dexibit Limited for an initial cash consideration of up to $7.1 million, with a potential additional $5.0 million payable over three years, funded by existing cash reserves. This strategic acquisition of Dexibit, an AI and analytics platform for the attractions industry, aims to establish Accesso as the sector's system of record and intelligence, embedding AI across its solutions and operators' third-party systems. Dexibit generated unaudited revenues of approximately $1.0 million and a loss before tax of $0.2 million for the twelve months ended December 31, 2025, and has annual recurring revenue of approximately $1.4 million from 40 customers. The acquisition is expected to significantly enhance Accesso's analytics and AI capabilities, delivering substantial medium-term value.

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