"Landmark" deal sees Yorkshire PC gaming company join consumer tech group
A Yorkshire PC gaming company has been acquired in a “landmark” multi-million pound deal.
CCL Computers, based in Tong, has been acquired by Cheshire consumer technology group Tactus Group.
The acquisition sees Tactus increase in headcount to 110 people and adds an ecommerce capability to its portfolio.
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.
The primary deal team comprised Gav Jones of Tactus and Mike Fletcher and Andy Critchley of Arete.
Scott Brenchley, CEO at Tactus Group, commented: “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.
“Our aim now is to build on this foundation and grow the business exponentially over the next few years.”
Mike Fletcher, managing partner at Arete Capital Partners, said: “This is a fantastic acquisition for Tactus Group, and further strengthens its position as a disruptive consumer tech expert.
“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.
“Driven by an ambitious management team, Tactus is now in a great position to accelerate its global growth, both organically and through further acquisitions.”
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