Opus advises the shareholders of Pinnacle Group on its sale to Hyde Group

Category: Company Update

Opus is pleased to have advised the shareholders of Pinnacle Group on its sale to Hyde Group, a prominent housing association in the UK focused on providing affordable homes in London and the South East.

Pinnacle is a national provider of housing and community-facing neighbourhood services for mixed tenure housing and community infrastructure, generating approximately £200m in revenue for FY24. With over 30 years of experience, it is a trusted public sector partner, delivering integrated solutions to both new and existing neighbourhoods for central and local government as well as institutional investors.

The acquisition supports Hyde’s strategy to become a leading national housing and property services provider while maintaining its charitable purpose. The enlarged group will manage around 120,000 homes and serve approximately 350,000 households, partnering with schools, councils, and emergency services.

This landmark deal marks a significant development in the UK housing sector and further highlights the strength of Opus’ Built Environment practice, underscoring our long-term relationship with Pinnacle, particularly following our advice on the sale of Pinnacle Power to DIF, a carve-out of its district heating business.

For further information, please contact: Nigel McNelly, Dilesh Patel, and Ethan Hughes.