Pinnacle, a leading provider of cloud-based accounting, ERP software, Managed IT Services, and digital transformation solutions based in Belfast, Ireland announces ( Pinnacle Acquired by K3 Capital Group ) that it has been acquired by K3 Capital Group (“K3”).
In addition, the company announced Pinnacle Appoints New Managing Director the appointment of Rachel Tindle as Pinnacle Managing Director. Tindle appears to replace Jeremy Biggerstaff who was appointed Managing Director in December 2023.
K3 Capital Group began in 1998 as KBS focusing on brokerage and advisory services to small and medium-sized enterprises ( SMEs ) in the UK. In 2007 the company reincorporated as K3 Capital Group and in 2017 went public on the London Stock Exchange AIM market. In 2023, K3 Capital Group was acquired by Sun European Partners, LLP a private equity firm.
Founded in 1993, Pinnacle is a leading provider of business management software solutions and Managed IT Services based in Belfast, Northern Ireland. As the UK’s No.1 reseller of Sage ERP and accounting systems for the SME market, Pinnacle serves over 2,000 customers across the UK and Ireland, primarily in the manufacturing, distribution, construction, and business services sectors.
With a team of 200 professionals working in hybrid roles, Pinnacle operates from eight locations throughout the UK and Ireland. The company specializes in implementing and supporting cloud-based Enterprise Resource Planning (ERP) and accounting software solutions from Sage and Acumatica, as well as providing Managed IT Services.
Pinnacle’s partnerships with global software houses like Sage, Acumatica, and Microsoft enable them to offer best-in-class technology solutions that help businesses streamline processes, improve efficiency, and drive growth. In a significant development, Pinnacle joins the K3 Capital Group, launching a new Technology Solutions division that complements the group’s existing services in Company Sales, Tax, and Restructuring.