Boxxe has bolstered its position in the corporate market and diversified it portfolio by acquiring Total Computers.
The acquisition follows CEO Phil Doye's (pictured) initial investment in Total Computers in November 2022 and is a key part of boxxe's growth trajectory since Doye's takeover in 2019, with the company projecting revenues of around £440m for 2023.
Doye said: “This deal marks a pivotal moment in the journey of boxxe. With the acceleration of digital transformation, the continued growth of public cloud and the proliferation of software companies it’s critical that a partner can deliver across this landscape."
Kevin Goodall has been appointed as MD of Total Computer Networks Limited and joins the Boxxe’s board.
Goodall said: “Being part of the boxxe group gives us a more complete portfolio and financial scale that enables us to think bigger and be even more ambitious."
Total Computer Networks Limited will initially operate independently and is set to integrate into boxxe in 2024.
Financial terms of the deal were not disclosed.
