Published: October 28, 2025 at 7:39 am
A software company listed in London for a quarter of a century looks set to be taken private.
Idox plc, headquartered in Woking, has agreed a deal with shareholder Long Path, a US-based investment manager, which values it at £340m.
Shareholders will now vote on the offer.
Long Path, a shareholder in the firm for the last seven years, holds 12% of the issued share capital of Idox. It claims to have secured the support of shareholders holding 35% of the company.
Idox serves the public and private sectors, helping organisations to digitise complex workflows, manage critical information assets, and improve operational efficiency. It has delivered applications across areas such as planning, regulatory compliance, engineering information management, and elections technology.