Tactus acquires £100m turnover PC gaming specialist Box
Acquisition sees the Tactus team grow to over 350 people
Consumer technology, gaming and computing firm Tactus has acquired high performance gaming PCs and accessories supplier Box, marking the latest in a string of acquisitions for the firm.
Tamworth-based Box is an online retailer of consumer technology and specialist devices serving a customer base across the UK and Europe and had a turnover of £100m during 2021.
It employs a team of over 140 employees, taking the entire Tactus Group's headcount to over 350.
"Box is a strong addition to Tactus Group. With the global gaming space highly fragmented, it is important that we continue to invest in those brands that will fulfil our ambition of being the go-to destination for PC gamers and this acquisition takes us closer to that goal," said Scott Brenchley, CEO of Tactus Group.
"Box provides the group with significant operational capability and a broader customer base as we expand the reach of our own brand products in the UK and overseas.
"Tactus continues to scale at pace, via both earnings-enhancing acquisitions and through robust organic growth, and we remain focused on leveraging our unique position within the gaming value chain to seize the opportunities ahead."
North-west based Microsoft partner Tactus also says the acquisition will boost its operational capability thanks to the addition of a 120,000 sq ft warehouse facility located on the M42 corridor.
Last April, the group acquired west Yorkshire-based gaming PC builder CCL Computers and raised an additional £40m of funding in August in a round led by Chrysalis Investments.
Tactus made three acquisitions in 2021, the last being B2B hardware provider BIST Group in September.
Mark Jordan, managing director at Box, added: "We have been growing our business through our high-quality product offering and loyal customer base since 1996.
"Joining Tactus Group, and its suite of leading technology brands and partners, is an exciting milestone in the Box journey.
"We look forward to adding to Tactus' portfolio through our expert team, market knowledge and differentiated product offering."