20 May 2008
Okay, everybody out of the tomb
NAOC Holdings, a Los Angeles-based expansion stage venture capital firm, today announced it has acquired PC Club, a California-based personal computer retailing chain with 37 locations nationwide. The acquisition will allow all PC Club stores, as well as the chain's two retail Web sites, PCClub.com and ClubIT.com, to remain open with business as usual.
"Brick-and-mortar accessory computer stores are still a valued commodity in the US," said NAOC spokesperson Alan Hunter. "We know PC Club with its long history, quality technical service and computer accessory assortment will continue to have strong potential for continued business operations. A technology retail outlet is the next logical addition to our portfolio, and we expect this will be a mutually beneficial relationship."
Terms of the acquisition were not disclosed.Posted at 9:24 AM to PEBKAC