The Pinnacle Group (TPG)

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The Pinnacle Group (TPG) - overview

Location

Stamford, CT, US

Primary Industry

IT Infrastructure

About

The Pinnacle Group (TPG) focuses on delivering tailored IT hardware, software, and networking solutions that empower businesses to enhance operational efficiency and secure technology infrastructures. The Pinnacle Group specializes in IT solutions and was acquired by USI Holdings Corporation, a portfolio company of Goldman Sachs Merchant Banking Division, in February 2012. Headquartered in Stamford, US, the company has adapted its business strategy to focus on comprehensive technology services. The Pinnacle Group specializes in providing comprehensive IT hardware, software, and networking solutions tailored to the needs of businesses across various sectors in the United States.


Their core offerings include Total IT services, which combine multiple IT components into a single, optimized computing solution, and Private Cloud Computing, emphasizing flexibility, scalability, and enhanced security. These services address common business challenges such as optimizing technology infrastructure, enhancing employee productivity, mitigating risks, and maximizing return on investment. The company's client base spans small to medium-sized enterprises as well as larger corporations, all seeking robust IT solutions to support their operational goals. The revenue structure of The Pinnacle Group is primarily based on B2B transactions, where businesses engage the company for its IT services.


Clients enter into service agreements that encompass ongoing support, customized IT solutions, and security programs, allowing businesses to safeguard their IT assets effectively. Pricing reflects the comprehensive nature of their offerings, incorporating fixed fees for specific services or subscription models for ongoing support and cloud solutions. Flagship services, such as Total IT and Private Cloud Computing, provide scalable solutions adaptable to the evolving needs of their clients, contributing to a sustainable business model focused on delivering value and ensuring customer satisfaction. The Pinnacle Group plans to expand its service offerings by launching new IT products in the upcoming quarters.


They aim to penetrate new markets, particularly targeting urban technology hubs across the US, by early 2024. The funding received from the acquisition by USI Holdings Corporation in February 2012 will support these initiatives by enhancing product development and expanding sales capabilities.


Current Investors

USI Insurance Services

Primary Industry

IT Infrastructure

Sub Industries

Offshore IT Services/IT Outsourcing, IT Infrastructure, Systems Management Software

Website

www.thepinnaclegroup.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

The Pinnacle Group (TPG) - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
N/ACompletedMeadowWood at Gateway-
Add-onCompletedThe Pinnacle Group (TPG)-
N/ACompleted342 Manhattan Avenue, 924, 926, 928, 943, 953, 961 and 973 Columbus Avenue, 926-934 Amsterdam Avenue, 964, 965-7, 969 and 971 Amsterdam Avenue-

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