Pinnacle Group expands facilities management expertise and acquisitional growth drive with purchase of AM Services Group
TODAY, Pinnacle Group has announced that it has acquired AM Services Group (AMSG) in a deal that extends its service capacity, technical skill set and expert knowledge across new FM sectors including retail, manufacturing, and chemical industries. This acquisition expands Pinnacle’s service footprint across the North of England and Midlands as well as bolstering its business-to-business offer.
Importantly, this acquisition also enhances Pinnacle’s ability to deliver holistic seamless services to a broader range of communities in accordance with their commitment to community stewardship.
Established in 2001, AMSG is a Lancashire-headquartered business which employs 750+ people. It has a loyal client base with an impressive 96% business retention rate.
AMSG’s Greg O’Brien, Managing Director; Ashley Kirk, Commercial Director; and Neil Cooper, Operations Director will all remain with the business to focus on continuing to deliver growth and service excellence. This senior management team will fully integrate the AMSG business with Pinnacle over the next 12 months. Current CEO and Founder Adrian Cresswell will be retiring from the company.
The acquisition provides AMSG’s existing and new clients with enhanced value through wider access to technical skills and innovative service solutions and will support Pinnacle’s existing plans to optimise new FM growth opportunities. This includes penetration of the large-scale UK catering market by building on AMSG’s recent landmark contract win with a leading Japanese multinational automotive manufacturer.
Earlier this month Pinnacle announced it had acquired residential and social housing specialists Orchard & Shipman, expanding its Homes business nationwide.