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Akima To Acquire Pinnacle Solutions

Apr 10, 2023over 2 years ago

Acquiring Company

Akima

Acquired Company

Pinnacle Solutions

Government

Description

Akima, LLC, a premier provider of products and services to federal agencies, today announced that it has entered into a definitive agreement to acquire Pinnacle Solutions, Inc. (Pinnacle), a leading provider of innovative training and sustainment products and services to defense customers around the globe.

Company Information

Company

Akima

About

Curious about Akima's government contracting services? Learn about our global portfolio of more than 40 operating companies.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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