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PRIVACY
Enterprise

£100m online gaming and technology retailer acquired by private equity-backed group

Box was founded in 1996 by Mark Jordan and has more than 140 employees

Scott Brenchley, CEO of Tactus Group, and Mark Jordan, managing director at Box

A £100m-turnover online gaming and technology retailer has been acquired by a private equity-backed group headquartered in Cheshire.

Warrington-based Tactus Group has snapped up Box for an undisclosed sum.

The Tamworth company was founded in 1996 by Mark Jordan and has more than 140 employees. It operates from a purpose built 120,000 sq ft logistics centre.

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Tactus is a consumer technology, gaming and computing company and is backed by Arete Capital Partners.

Scott Brenchley, CEO of Tactus Group, said: "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.

"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 º£½ÇÊÓÆµ and overseas.

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"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.