Published: July 29, 2026 at 7:12 am
Transport technology provider Tracsis has agreed to acquire Mistral Data, a wholly owned subsidiary of FirstGroup plc, for an enterprise value of £48 million.
Mistral Data is a UK rail software provider with a diversified portfolio of business-critical cloud-native software and data solutions that help Train Operating Companies communicate with passengers, manage demand and revenue, run day-to-day operations, monitor rolling stock, and turn operational data into insight.
Headquartered in London, it provides a portfolio of products spanning four areas: customer and revenue solutions; rail operations and staff communications; asset management and data platforms; and business intelligence and cloud security.