A Cheshire consumer tech firm, which is backed by investors in the likes of THG and Sorted, has secured a £13m funding boost.
Tactus Group has agreed the package from Santander 海角视频 as it gears up for its next phase of growth in 2022.
The growth funding is the company’s third funding round in 2021, having previously raised £40m from Chrysalis Investments in August and a £12.5m investment led by Arete Capital Partners in April.
READ MORE: Supply chain tech firm KlearNow raises $50m to fuel expansion
Chrysalis Investments' portfolio includes businesses such as THG, Sorted and Secret Escapes.
Liverpool-headquartered Arete Capital Partners, which also has a stake in Manchester-based Sorted, also has interests in Peak and SysGroup.
Warrington-headquartered Tactus Group will use the new financing to invest in its people further, develop its technology platform and improve its operational capabilities.
Chief executive Scott Brenchley said: "As a scaling technology group, Tactus is committed to building a team of people who know the industry and move quickly to influence and transform our markets.
Most Read
Don't miss a thing - sign up for your free North West newsletter - and follow us on LinkedIn
Email newsletters
BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
For all the latest stories, views, polls and more - and the news as it breaks - .
"We also recognise the need to drive innovation by consistently investing time, money, and ideas into developing the brands and platforms that we have created in order to revolutionise the way people buy and use tech.
"Ongoing support from partners and stakeholders is invaluable to making that a success, so this funding package from Santander 海角视频 will be crucial to the future of the business, and the people that make it."
Charlotte Lees, director, strategic debt solutions, Santander 海角视频, added: "Tactus has grown exponentially over the past two years, and we’re delighted to help fuel its next growth phase through this funding package.
"Both acquisitive and growing organically, Tactus has a global footprint that’s highly complementary to Santander 海角视频’s own, making us the ideal funding partner, and we look forward to working together over the years to come."
Meta is helping 海角视频 businesses share their Good Ideas this winter
Located in four of the 海角视频's high streets, shoppers can discover a delightful new interactive and shoppable window display this festive season, promoting local small and medium businesses.
The interactive has been created by Meta, which is committed to supporting small businesses. It has set up these shoppable window displays in Newport, Nottingham, Bournemouth and Aberdeen to help people discover and support local small businesses with good ideas.
Shoppers can scan the QR code to interact with the display, find out more about, and shop directly with the featured businesses - via their Facebook and Instagram pages.
To find out more about the campaign click here
Phil Tarimo and Lynn Li from DSW Debt Advisory advised Tactus on the transaction, while Richard Capper and Beth Finnie from Hill Dickson provided legal advisory.
Martin O’Shea and Claire Dyer of Addleshaw Goddard advised Santander 海角视频 on the deal.