CompUSA had already been sold to a Boston investment firm and was planning on closing all of their stores following poor results after their newest CEO took control. Now SysteMax and TigerDirect have bought CompUSA from the investment firm for $30 million. TigerDirect feels that the CompUSA name still has good brand recognition and will only strengthen TigerDirect’s brand on the Internet and offline.

TigerDirect already has 9 stores on the East Coast and 1 in Canada and will keep 16 CompUSA stores open that are already profitable. The deal should be complete by February and CompUSA will be in the hands of TigerDirect and their parent company SysteMax.  Once the deal is complete TigerDirect will ovehaul the stores management and website, Compusa.com