Pinacl and Boston Networks join forces
Pinacl Solutions, Pinacl-GDA and Boston Networks have joined forces which sees the creation of UK-wide network infrastructure and integrated technologies business with leading edge IoT capability and global reach.
The combination of Boston Networks, Pinacl Solutions and Pinacl GDA, will create a UK-wide organisation with a staff of over 300 and a turnover approaching £50m. The transaction establishes a major player with full design, installation, management and support capability across the areas of network infrastructure, smart buildings, Internet of Things (IoT), physical security and life safety systems.
Boston Networks innovative services and solutions help businesses and the public sector to improve their performance, maximise budgets, secure assets and deliver the multiple benefits of technology to employees, stakeholders and buildings. With a dedicated UK-based service offering to support its growing and diverse client base, Boston Networks specialise in integrating and managing technology to improve the performance, safety and security of people, places and devices.
Boston Networks recently launched the pioneering £6m IoT Scotland, the UK's most-advanced IoT network after being chosen to lead the commercialisation of IoT across Scotland - a project part-funded by the Scottish Government. This builds on Pinacl's IoT expertise, with recent wins including the building of a world leading intelligent street lighting solution for Aberdeen City Council utilising the latest IoT technologies.
Pinacl has had impressive growth over the last 4 years and has an appetite to accelerate its growth further. We have been impressed with the Aliter approach and we know the Boston Networks business very well. The Pinacl management team are extremely excited with the prospects for the combined group through its wide range of capabilitiesRob Bardwell, Pinacl CEO
Since our investment into Boston Networks, we have been extremely focused on creating a national provider that has major credibility across the networking and systems integration market. The combination of Boston Networks and Pinacl creates a leading business within the market and we look forward to working closely with the enlarged management team to create further success.”Greig Brown, Partner of Aliter and Chairman of Boston Networks
Pinacl is a business we have admired for many years. It is a sophisticated business and offers complementary technologies, customers and geographical coverage. It will be business as usual for the two companies and I'm looking forward to working with their senior team. Pinacl has been leading the IoT drive and the smart cities agenda in England and Wales as we have in Scotland and the synergies are obviousScott McEwan, Boston Networks CEO