Chess Ltd. acquires Pinnacle CDT Ltd.

On May 16, 2016, Chess Ltd. acquired Pinnacle CDT Ltd., a communications company in United Kingdom, from Pinnacle Technology Group plc.

Deal at a glance

AnnouncedMay 16, 2016 TypeDivestiture TargetPinnacle CDT Ltd. Buyer Chess Ltd. Seller Pinnacle Technology Group plc SectorCommunications LocationUnited Kingdom ValueNot disclosed

Target company

Pinnacle CDT Ltd.

United Kingdom

Communicationssector

-founded

Activestatus

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Buyer

Chess Ltd.

Company · 3 deals on record

2nd transaction in communications
2nd transaction in United Kingdom

3deals, all time

2in this sector

2016latest

Seller

Pinnacle Technology Group plc

Company · 2 deals on record

2investments

1in this sector

1exits

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Questions about this deal

Who acquired Pinnacle CDT Ltd.?Chess Ltd. acquired Pinnacle CDT Ltd. on May 16, 2016.

Who sold Pinnacle CDT Ltd.?Pinnacle Technology Group plc was the seller.

What type of deal was it?It was a divestiture in the communications sector in 2016.

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