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  6. Akima Acquires Pinnacle Solutions

M&A Deal Summary

Akima Acquires Pinnacle Solutions

On April 10, 2023, Akima acquired aerospace company Pinnacle Solutions

Acquisition Highlights
  • This is Akima’s 1st transaction in the Aerospace sector.
  • This is Akima’s 1st transaction in the United States.
  • This is Akima’s 1st transaction in Alabama.

M&A Deal Summary
Date 2023-04-10
Target Pinnacle Solutions
Sector Aerospace
Buyer(s) Akima
Deal Type Add-on Acquisition

Target

Pinnacle Solutions

Huntsville, Alabama, United States
Pinnacle Solutions is a provider of advanced simulation and training solutions, flight operations and training services, training content development in virtual reality, augmented reality, and web-based systems, aircraft maintenance, and technical publications development and sustainment a wide variety of customers, including all Department of Defense components, Special Operations Forces, international militaries, and educational institutions. Pinnacle Solutions was founded in 2008 and is based in Huntsville, Alabama.

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Buyer(S) 1

Buyer

Akima

Herndon, Virginia, United States
Category Company
Sector Business Services
Employees9,500
DESCRIPTION

Akima is a provider of products and services to federal agencies delivering solutions to the federal government in the core areas of facilities & ground logistics, information technology, aerospace solutions, protective services, systems engineering, mission support, furniture, fixtures & equipment (FF&E) and construction. Akima is based in Herndon, Virginia.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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