Tech firm buys £20m-turnover business in third major acquisition of 2021

A North West consumer technology firm has acquired a £20m turnover business based in West Yorkshire – marking its third major acquisition of year.

Tactus Group has today announced the acquisition of Bingley-based B2B hardware provider Business IT Support Team Group (BIST).

The Warrington-based firm has made the announcement just weeks after it secured a £40m investment to boost its plans to become a globally recognised gaming and computing group.

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Tactus said the deal will strengthen its position in the B2B hardware space and add to its credentials across both IT devices and gaming.

Scott Brenchley, CEO at Tactus Group, said: “This is another important development for Tactus Group and the latest step on our journey to becoming a globally recognised computing group.

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“The acquisition of BIST significantly increases our capabilities in the IT hardware space, and we’re looking forward to welcoming its experienced team into the fold.”

It is the latest move in a very active year for Tactus, having acquired Bradford-based e-commerce PC gaming specialist CCL Computers in April.

The company also marked its first venture into the US in June with an investment into pi-top, a coding and robotics firm specialising in improving digital skills in education.

Founded in 2003, BIST Group provides hardware and software IT solutions to a range of businesses in the education, private and public sector and to clients across the UK.

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The 40-strong company, led by managing director and co-founder Keith Petty, has grown to become an accredited partner to brands such as Microsoft, Dell, HP, Lenovo and ESET.

The move comes after Tactus secured a £40m fund from Chrysalis Investments last month.

Mr Petty added: “I am delighted to be part of the Tactus Group, having built up the company over the last 18 years.

“The business and the people mean a lot to me and finding the perfect home for the company was paramount in my decision. We all look forward to the years ahead as part of this fantastic group.”

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