Revenue: £121.4m (+181%)
Headcount: 342
A buy-and-build spree taking in five acquisitions – namely Box, CCL, Chillblast, BIST and MendIT – underpinned a 181% revenue romp at this consumer tech outfit in its year to 31 March 2022. B2B sales (including the contribution of IT reseller BIST) hit £13.1m. Since year end, Tactus said it had identified “a number of issues relating to the existence and valuation of inventories” in flagship acquisition Box.
Oxygen ice-breaker: The Warrington-based Microsoft and Intel partner’s M&A splurge was bankrolled by successive investments of £10m, £40m and £13m from Arete Capital Partners, Chrysalis Investments and Satander, respectively.
