8. Bechtle
Deals announced in 2023: 1 (Tangible Benefit – March)
Appetite for M&A
Germany’s largest IT reseller looks intent on acquiring its way to becoming a top ten player in the UK.
Having bought £25m-revenue outfit ACS Systems in November 2022, Bechtle stepped up its UK M&A drive in March by purchasing Tangible Benefit.
With a turnover north of £60m, London-based Tangible Benefit boosts Bechtle’s UK revenues to around €200m and its local headcount to 280.
Tangible Benefit specialises in hardware procurement including related plug-and-play services and software licensing.
What they said
“This is another important step towards becoming one of the top 10 IT solutions providers in the UK” – James Napp, Managing Director, Bechtle direct UK (pictured).
Fun fact
In Germany, resellers aren’t known as resellers or VARs, but, rather, ‘systems houses’. More accurately, each office location is referred to as an individual ‘system house’, with Bechtle having 85.
