Hill Dickinson advises Tactus Group on £40m investment

Hill Dickinson’s Liverpool Corporate team has advised Tactus Group, a global leader in consumer technology products, on a deal that is set to take the company to the next level.

Tactus Holding Limited has secured a £40 million investment from Chrysalis Investments in the Warrington based company’s largest funding round to date. It follows an earlier £12.5m funding round led by Liverpool-based multi-family investment office Arete Capital Partners in April 2021, which enabled Tactus to acquire e-commerce PC gaming specialist CCL Computers.

The additional investment will accelerate ambitious plans for Tactus to progress its international buy-and-build strategy to become a globally recognised gaming and consumer computing group, with a number of additional deals already in the pipeline.

Tactus is a consumer technology expert, specialising in the high growth gaming, education and entry level computing sectors. It already has strong relationships with leading global corporate technology businesses, including Microsoft, Amazon, Intel and Best Buy.

Advising Tactus on the investment were Hill Dickinson partner Matt Noon and legal director Elan Iorwerth, supported by associate, Ben Correia de Sousa. 

Scott Brenchley, chief executive of Tactus Group, said: “We have an exciting M&A journey ahead of us, so we look forward to working with the Chrysalis team as we continue on our international growth journey. The Hill Dickinson team, especially Matt and Elan, have supported us tremendously over the last six months. They were able to lead the process smoothly from start to finish, offering a seamless service as always.”

Mike Fletcher, a non-executive director of Tactus, added: “As always, Matt and Elan offered a first-rate service, blending legal expertise and balanced commercial advice, navigating Tactus and the wider team through this latest investment round.”