Friday, September 24, 2021

West Yorkshire IT firm snapped up by acquisitive group

Consumer technology business Tactus Group (Tactus) has completed its third major acquisition of the year with the purchase of Bingley-based B2B IT hardware provider Business IT Support Team (BIST) Group.

The North West-based firm has taken ownership of the £20m turnover business as it looks to strengthen its position in the B2B hardware space and add to its credentials across both IT devices and gaming.

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, based in West Yorkshire, provides hardware and software IT solutions to a range of businesses in the education, private and public sector and to clients across the UK. The 40-strong company, led by Managing Director and co-founder Keith Petty, has grown to become an accredited partner to major brands such as Microsoft, Dell, HP, Lenovo and ESET.

The move by Tactus comes after it secured a £40 million investment from Chrysalis Investments last month to support its ambitious plans to become a globally recognised gaming and consumer computing group.

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. 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.”

Keith Petty, founder and MD at BIST, said: “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.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close