Pinnacle Technology Group has appointed a new Executive Chairman as it looks to accelerate transformational growth and enhance value. Gavin Lyons will commence his role with immediate effect.
Gavin joins to help the board of directors drive the strategy of the business, and to support the executive management team in both securing acquisitions that will expand Pinnacle Technology Group’s customer base, and in achieving their wider business objectives.
Dr James Dodd, non-executive Chairman, will remain on the board as a non-executive director until the company’s annual general meeting, to be held in March 2016, while he transitions his responsibilities to Gavin.
Gavin has enjoyed a distinguished career in the TMT sector, most recently joining IT security specialist Accumuli PLC as CEO in 2012, and spearheading a successful buy and build strategy that saw it sold to NCC Group plc for £55m in October.
Prior to Accumuli PLC, Gavin was Head of Telecoms & Utilities UK&I at SAP and held various senior positions at Trend Micro, having also worked at Xerox, Compuware and The Caudwell Group.
During his career, Gavin has been involved in three exits, generating close to £100m in value, as well as completing several acquisitions and integrations.
Gavin is a Partner at MXC Capital Limited, the AIM-quoted technology-focused merchant bank, appointed by Pinnacle to advise on the company’s strategy and identify acquisition opportunities.
Non-executive director of Pinnacle Technology Group, Tom Black said: “We believe that Gavin’s experience of buy and builds and track record of achieving transformational growth will be a powerful asset to the company.
“We are certain that his strong track record of success and considerable strategic ability will align with the company’s business objectives, engendering fresh growth.”