CCL Computers snapped up to create £125m business

West Yorkshire PC builder acquired in £11.25m private equity-backed deal

West Yorkshire-based gaming PC builder CCL Computers has been acquired by consumer tech group Tactus in an £11.25m private equity-backed deal.

Tactus said the deal will create a £125m business, while bolstering its position in the fast-growing PC gaming space.

CCL's e-commerce capabilities will also hand Tactus - which specialises in sourcing, branding and supplying multi-branded Windows 10 devices and wearable tech via retailers including John Lewis and Amazon - its first direct route into consumers.

The deal has been funded by an £11.25m private equity investment, with lead investor Arete Capital Partners investing £10m, in addition to the group's existing facilities.

Ranking 113th in CRN's VAR 350 report with fiscal 2019 revenues of £39.1m, AMD, Intel and Nvidia partner CCL specialises in building and reselling computer components to the gaming sector.

Tactus claimed CCL's 2020 revenues rose by nearly two thirds to hit £65m.

"CCL is ideally placed to bolster Tactus' credentials in the gaming space, which has emerged as one of the world's fastest growing sectors in recent months," said Arete Capital Partners managing partner Mike Fletcher.

"Driven by an ambitious management team, Tactus is now in a great position to accelerate its global growth, both organically and through further acquisitions."

Scott Brenchley, CEO at Tactus Group (pictured above), added: "A core part of our acquisition strategy over the next 12 months is to identify and bring together fantastic businesses that complement one another and can really drive our growth. CCL is a perfect example of this, with its longstanding reputation in the gaming market built on the outstanding talent it has at its disposal, as well as its dedication to providing the best quality products to consumers."