Pinnacle Technology lands $25M credit line to fuel acquisitions

What's the deal? ArchwayDealroom has a profile for this one. Try Dealroom → has provided a $25 million revolving credit facility to Pinnacle Technology SolutionsDealroom has a profile for this one. Try Dealroom → (PTS), a US hybrid IT solutions provider. The facility refinances existing debt and adds liquidity to back the company's acquisition strategy.

What's the endgame? PTS sells infrastructure, software solutions, managed services, and cybersecurity to enterprise and public sector customers. The flexible capital is meant to support future acquisitions and continued scaling.

Why now? The company frames the deal as the start of its "next phase of growth," according to chief executive officer Charles Reynolds. Refinancing the existing debt clears the path for that expansion.

"Archway's commitment to client success, personalized service and financial expertise makes them an ideal partner as we continue executing our long-term strategic vision," Reynolds said.

Archway founder and chief executive officer Andy McGhee called PTS "exactly the type of high-growth, forward-thinking company Archway was built to support." He added that the facility gives PTS "the flexible capital they need to execute on their acquisition strategy and continue scaling."

The signal: Debt financing remains a favoured route for IT services firms pursuing roll-up strategies, letting them fund acquisitions without diluting equity.

Read more: ABF Journal