boxxe, the UK based IT Services and Solutions provider, today announced the acquisition of Total Computers, in a move that accelerates boxxe’s strategy in the corporate market. boxxe owner Phil Doye had previously acquired a minority stake in Total Computers in November 2022. Total has a rich heritage as a partner of choice for many of the UK’s most successful and recognised companies, and through its own acquisition of Overbright in 2022, it added deep digital transformation expertise. This acquisition creates one of the UK’s largest providers of software, solutions and services to both the public and private sector.
boxxe has grown rapidly since Phil Doye acquired the business in 2019, with revenue for 2023 expected to be around £440M.
Phil Doye says “I had known and admired Total for many years but as a shareholder and director for the past 12 months I have seen firsthand the depth of what Aidan and Kevin have built. The combination of these two businesses is uniquely complimentary and I am hugely excited that this move will enable both companies to better serve our customers and partners.”
boxxe’s core commitment to delivering end-to-end IT solutions is now further strengthened with the acquisition of Total Computers. Clients can anticipate a broader portfolio of offerings, ranging from; cutting-edge hardware solutions to bespoke software applications and a variety of IT services, all with a commitment to offering an excellent customer experience. Total also has a significant presence in the UK public sector that will benefit from additional framework access and public sector specific expertise.
“Working with Phil over the past 12 months has challenged our ambition for what Total can become. We have created something special at Total, but this is the next step in the evolution of our company. For both companies it allows us to grow faster and become even more relevant to our customers through a wider range of partner accreditations, deeper technical skills and greater financial strength and scale. ” Says Aidan Groom, CEO of Total Computers.
Kevin Goodall, who has become Managing Director of Total said ‘the most common feedback I get from our customers is that we want to do more with you, but you don’t have the financial scale or range of partner certifications that Computacenter, CDW or Softcat has. To be part of the boxxe group is hugely exciting as it gives us a more complete portfolio and financial scale that enables us to think bigger and be even more ambitious’.
Doye added “The IT channel has, over the past number of years, seen the largest players get bigger and the small ones either specialise, struggle or get acquired. 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.”
Transaction Details
The deal is due to close on 31st January 2024. Boxxe Group Limited acquired Skeffington Holdings Limited along with its subsidiary’s Total Computer Networks Limited, Total Computer Services Limited and EEC Services International Limited (Overbright). Aidan Groom has resigned from Skeffington Holdings Limited and all its subsidiaries to take up a non-executive position at Boxxe Group Limited. Kevin Goodall has been appointed Managing Director of Total Computer Networks Limited and has joined the board of Boxxe Limited. Phil Doye becomes Group CEO and Hazel Sagar Group CFO. Total Computer Networks Limited will continue to trade independently before being integrated into Boxxe Limited sometime during the course 2024. Reed Smith and BDO acted as advisors for boxxe on the transaction. The financial terms of the transaction have not been disclosed.
About boxxe
boxxe is a leading provider of software, solutions, and services to the public and private sectors. For over thirty-five years, boxxe has used its deep expertise, practical know-how and collaborative approach, to implement flexible tech solutions to help organisations accelerate growth, increasing productivity and reducing downtime for our customers. Our range of services empowers organisations and gives people the confidence to use tech to be their best and better – commercially, socially, and sustainably.
About Total
Since 2003 Total Computers has been taking care of technology. As one of the UK’s most recognised solution providers it has a proven track record of growth with 2000 active customers across both corporate and public sector. Total leverages its many partner certifications and deep technical expertise to drive business advantage to its customers. Total is a deeply customer centric business that overlays its wide product range with managed services, solutions, and powerful partnerships to inspire businesses to embrace technology, helping them solve their most pressing business challenges.
