The move will extend Focus Group's geographical reach across the Southwest, market presence and service offerings, solidifying its position as a provider of innovative solutions in the telecoms, IT, connectivity and mobile sectors.
Several key factors drove Focus Group’s decision to acquire Pinnacle. It comes at a time of significant growth for both companies and represents a natural alignment of values and objectives. Pinnacle has built its reputation on a commitment to providing quality service, its focus on culture and a people-first approach to business.
The company has also achieved consistent revenue growth, with high visibility of future earnings and strong cash generation capabilities, aligning closely with Focus Group's growth strategy. With a proven track record of cross-selling IT, mobile and fixed-line services, Pinnacle offers significant growth potential that can be enhanced through the integration of Focus Group's products and expertise.
Brian Lodge, regional director at Focus Group said, "We are thrilled to welcome Pinnacle into the Focus Group family. This acquisition reflects our commitment to growth and not only further strengthens our operations in the Southwest but also brings together two companies that share a common vision for growth and customer satisfaction. Pinnacle's product range complements Focus Group's offerings in telecoms, IT, and mobile solutions, while its expertise in customer-centric UC technology presents additional opportunities for synergies and innovation."
Katy Simmonds, COO at Pinnacle, said, "We are excited to join forces with Focus Group and leverage their extensive resources, strengthened product portfolio and industry experience. We remain dedicated to providing unparalleled value to our customers and as part of Focus Group, we will be in a position to continually innovate and deliver best-in-class solutions to meet their evolving needs."