Akima to Acquire Pinnacle Solutions
HERNDON, Va., April 10, 2023 /PRNewswire/ -- 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.
- HERNDON, Va., April 10, 2023 /PRNewswire/ -- 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.
- "Akima and Pinnacle share a deep commitment to exceeding customer expectations and delivering exceptional value to our customers, employees, and shareholders," said Bill Monet, President and CEO of Akima.
- "This announcement represents an important milestone for Pinnacle and is a testament to our tremendous success and strong market position," said Tina Tucker, President and CEO of Pinnacle Solutions.
- Following the closing of the transaction, Pinnacle will operate as a wholly owned subsidiary of Akima.