Idox has today announced the acquisition of social care software provider Trojan Consultants Limited, which trades as Plianz, for an initial consideration of £7.65m. With revenues for year ended 31 March 2025 of c.£2.5m and an adjusted EBITDA margin of c.25%, management is confident that this will be an accretive deal. The products fit well with Idox’s existing Social Care offering and the announcement cites a range of anticipated synergies and gains. We look forward to Idox’s results in June as an opportunity to find out more and to update our estimates.