Scottish deal for Sage business

UK software business Pinnacle Computing has made its 14th acquisition as it builds on its expansion plans.


UK software business Pinnacle Computing has made its 14th acquisition as it builds on its expansion plans.

UK software business Pinnacle Computing has made its 14th acquisition as it builds on its expansion plans.

The deal for Aberdeen-based Plus One is said by Pinnacle to strengthen its presence in Scotland where it already has an office in Glasgow. Financial terms of the transaction were undisclosed.

Pinnacle, which supplies business management software such as Sage, now has 85 staff on the back of the acquisition.

James Spencer, group managing director at Pinnacle, comments: ‘As a supplier of business management services Pinnacle believes that core to our business success is the ability to provide our clients with a local presence.

‘Our acquisition of Plus One provides a good strategic fit as it’s a fully accredited provider of Sage products with an excellent customer base. We believe our range of expertise and capabilities across Sage Accounting, enterprise resource planning and CRM software services combined with local delivery will further enhance our ability to grow across Scotland.’

Under the terms of the deal Plus One is to trade under the Pinnacle brand.

The business was founded 18 years ago by Val Thomson, Jennifer Macdonald and Fiona Thomson. According to a statement by the company it is the largest Sage supplier in the North East region.

Director of Plus One, Jennifer Macdonald, adds: ‘We felt that it was very important that we partner with a customer service focused business such as Pinnacle who has a range of expertise to satisfy our customer demands.

‘As a result we will be able to strengthen our business offering under the Pinnacle brand and be part of a bigger network of Sage providers across the UK and Ireland.’

Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital. Connect with...

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