Pinnacle snaps up adept4

Tom Wright
clock • 1 min read

Acquisition is its fifth in four months

Pinnacle Technology Group has acquired cloud services provider adept4 for £5.5m. The deal will see Pinnacle pay £4.5m immediately, plus a further £1m in January 2018, and is the latest in a stri...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Wavenet and Daisy Corporate Services confirm merger

Reseller

The deal is expected to create a £1bn+ entity

clock 03 May 2024 • 2 min read
Cloud to become business necessity by 2028 - Gartner

Research

Global public cloud services spending is set to total $679bn in 2024

clock 29 November 2023 • 2 min read
CRN's Top 5 channel acquisitions of 2023 (so far)

Reseller

Amid an M&A slowdown, here are the most acquisitive channel firms of 2023

clock 25 September 2023 • 5 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and M&A

MSP acquirer Evergreen buys second UK business with Digital Origins

MSP acquirer Evergreen buys second UK business with Digital Origins

The deal marks Evergreen's second expansion into the UK MSP market

Kelsey Rees
clock 08 April 2024 • 2 min read
Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

“We will revolutionise the way customers leverage data to connect and protect their organisation as we power the AI revolution”

Mark Haranas
clock 19 March 2024 • 6 min read
Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett, UK director at M&A consultancy Hampleton Partners, explores the impact of private equity on channel companies and their teams

Jonathan Simnett
clock 18 March 2024 • 5 min read