Frankel UK Bidco Limited to acquire Idox plc

Frankel UK Bidco Limited has agreed to acquire Idox plc in a private equity acquisition. The transaction involves a cash consideration and was announced on 21 April 2026. Idox operates as a software provider within the United Kingdom. The deal structure represents a standard buyout where the acquiring entity purchases the target company outright. No specific financial value was disclosed for the transaction at the time of announcement. The target country remains the United Kingdom throughout the process.

The transaction has been reported as completed by the parties involved. This status indicates that all necessary steps for the transfer of ownership have been finalised. The deal marks the conclusion of the acquisition process for the management team and shareholders. Regulatory approvals and other conditions were satisfied to allow the completion to proceed. The acquisition establishes a new ownership structure for the business under the control of the private equity buyer.