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Sale of Pinnacle Document Solutions to Ethos Group named ‘Small Business Deal of the Year’ at the Insider Dealmakers Awards 2020

01 April 2021

Gambit Corporate Finance has been awarded ‘Small Business Deal of the Year’ for its role as lead financial advisor to the shareholders of Pinnacle Document Solutions on its sale to Ethos Group. 

Pinnacle is a leading print and document solutions provider in the UK with over 30 years’ experience and supporting over 3,500 managed devices. As a fellow Xerox Platinum and HP Silver Partner, the acquisition of Pinnacle helps expand the Ethos Group’s print portfolio, whilst complementing and expanding its geographical reach. 

The transaction delivered a successful exit for the Development Bank of Wales, who provided debt and equity funding to support the management buy-out led by Pinnacle CEO Clive Hamilton. 

The Gambit team was led by Geraint Rowe (Partner) and Nick Gallagher (Executive) who were responsible for identifying, negotiating and structuring the transaction. 

Geraint Rowe commented ‘’Having previously worked with Pinnacle for many years, it was a privilege to advise on this deal. The acquisition by Ethos Group will enable both Pinnacle and Ethos to realise the next stage of their growth plans, with a greater service offering and customer footprint. We are delighted to receive this award for such a successful transaction’’. 

Hugh James (Gerallt Jones and Gemma Davies) provided legal advice to the shareholders of Pinnacle and Sam Macalister-Smith led the transaction for the Development Bank of Wales.