Commenting on the contract win, Alan Bonner, CEO of Pinnacle, said, "Pinnacle continues to make good progress and we are delighted to have been awarded another major contract.
Grass Roots Group PLC was established over 30 years ago and is a successful, international corporate business with annual revenues of £265m. This latest contract win, which is for a combination of 30 million minutes of inbound and outbound voice per annum, along with Grass Roots fixed line services, will help raise our profile in the UK corporate market. It was won against much larger competitors, and further demonstrates our capability to handle larger and more complex contracts.
Whilst seeking out earnings-enhancing acquisitions is a priority, Pinnacle also aims to deliver organic growth, and this contract is estimated to generate £750,000 of annual revenue."
Danny Attias, Head of Group Infrastructure at Grass Roots said: “Pinnacle showed a good understanding of the opportunity to add value to our business and I’m very pleased to have them on board as our partner”.