TLT advises K3 Capital Group on strategic acquisition of business management software company

TLT has advised multi-disciplinary professional services firm, and long-standing client, K3 Capital Group on its acquisition of business management software solutions specialist, Pinnacle Computing.

Pinnacle is the UK’s biggest reseller of Sage ERP and accounting systems into the SME market, providing innovative software solutions to companies in the manufacturing, distribution, construction and business services sectors.

The deal will add a fourth division, technology solutions, to K3’s existing offering which comprises company sales, tax and restructuring and will help consolidate its status as a market leader in the professional services sector. 

TLT advised on all legal aspects of the acquisition, including legal due diligence. The deal was led by corporate partners Ian Roberts and Elizabeth Delaney, assisted by senior associate Seraphina Wilkins-Tolliday, and involved cross-practice expertise from the IP and technology, tax, commercial, employment, pensions, data protection and real estate teams. 

TLT also worked alongside its Irish partner firm ByrneWallace on the transaction.

Andy Melbourne, chief financial officer at K3, said: “This exciting acquisition represents further diversification as we continue consolidating our status as a market leader in the professional services sector.

“We have worked with TLT on numerous previous transactions and it was a simple decision to return to work with them again. Their service in this transaction was as excellent as we have come to expect, and we are very grateful for their expertise and excellent client service.”

Corporate partner Ian Roberts added: “K3 Capital continues to add further value and expertise with this acquisition, which is the latest in a long line of deals. 

“It was a pleasure to work alongside K3 again. We were pleased to be able to leverage the strength and depth of our M&A practice as well as our expertise in the technology and IP sector to successfully deliver this transaction whilst upholding the high levels of client service that K3 has come to expect from us. The size and depth of our national team enabled us to resource the deal effectively, during a busy period”.

This is the latest in a series of acquisitions TLT has supported K3 on in recent years. These include advising on the acquisition of HMA Tax in 2024, Chamberlain & Co in 2023, Professional Insight Marketing in 2022, Knight Corporate Finance Group in 2022, InTAX in 2021 and Quantuma and randd in 2020.