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Accesso Technology Group, the AIM-listed technology solutions provider for the leisure and attractions sector, has acquired Dexibit, a purpose-built artificial intelligence and analytics platform for visitor attractions, for total maximum consideration of $12.1m. The transaction was funded from existing cash reserves and completed on 28 March.
The acquisition consideration comprises an initial payment of up to $7.1m on completion, followed by a further $5.0m payable over three years. The additional amount is subject to performance conditions.
Dexibit’s capabilities will form the foundation of a new product, Accesso Intelligence. The platform is designed to connect client data from ticketing, staffing and maintenance through to weather, visitor reviews and local events. Using AI, it aims to surface insights across an operator’s full technology landscape, including third-party systems.
Dexibit currently serves 40 customers across more than 75 venues. It has over 100 integrations with major operating systems and generates annual recurring revenue of approximately $1.4m, with the majority coming from SaaS (software as a service) subscription agreements.
Chief executive Steve Brown said Accesso Intelligence would give operators “a more complete and connected view of their operation” by unifying data across all the systems they use.
Looking ahead to 2026, the company said trading in the early part of the year was in line with expectations. It expects revenue and cash EBITDA (earnings before interest, tax, depreciation and amortisation, adjusted for non-cash items) for the full year to be consistent with market expectations of approximately $146m and $20.0m, respectively.
The board highlighted uncertainty around its Middle East business. It expects professional services milestones and licence implementations to contribute between $4.5m and $5.0m of revenue, of which approximately $2.5m has yet to be recognised.
The near-term outlook is described as resilient following a solid set of full-year results for 2025. Revenue rose 1.8% to $155.1m, while statutory profit before tax increased 37.7% to $14.3m. Cash EBITDA edged up 0.8% to $23.0m.
New venue wins increased to 43 from 30 in the prior year.
Accesso also confirmed a planned leadership transition. Brown intends to step down as chief executive, and Lee Cowie, who joined as chief operating officer in January 2025, is set to assume the role on 1 May.
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