M&A Deal Summary

Park Place Technologies Acquires Congruity360 - Hardware Maintenance and Data Migration Assets

On September 15, 2021, Park Place Technologies acquired information technology company Congruity360 - Hardware Maintenance and Data Migration Assets from Congruity360

Acquisition Highlights
  • This is Park Place Technologies’ 13th transaction in the Information Technology sector.
  • This is Park Place Technologies’ 9th transaction in the United States.
  • This is Park Place Technologies’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2021-09-15
Target Congruity360 - Hardware Maintenance and Data Migration Assets
Sector Information Technology
Buyer(s) Park Place Technologies
Sellers(s) Congruity360
Deal Type Divestiture

Target

Congruity360 - Hardware Maintenance and Data Migration Assets

Pembroke, Massachusetts, United States
Congruity360's Hardware Maintenance and Data Migration Assets provide vendor-agnostic, IT Management services. Congruity360's Hardware Maintenance and Data Migration Assets are based in Pembroke, Massachusetts.

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Buyer(S) 1

Buyer

Park Place Technologies

Cleveland, Ohio, United States

website

Category Company
Founded 1991
Sector Information Technology
DESCRIPTION

Park Place Technologies is a third-party maintenance (TPM) provider that offers organizations an alternative to post-warranty storage, server and networking hardware maintenance and support in the data center. Park Place Technologies supports EMC, Dell, IBM, Cisco, Hitachi, NetApp, HP, Sun/Oracle and other data center hardware equipment in over 70 countries. Park Place Technologies was founded in 1991 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 16 of 21
Sector (Information Technology) 13 of 15
Type (Divestiture) 4 of 6
State (Massachusetts) 2 of 3
Country (United States) 9 of 14
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-11 Curvature

Charlotte, North Carolina, United States

Curvature, Inc. is a provider in independent IT maintenance and support for storage, server and network hardware. Extend asset life cycle, decrease OpEx and delay CapEx. Curvature was founded in 1986 and is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Congruity360 - Storfirst

Pembroke, Massachusetts, United States

Congruity360's Storfirst is an OEM- and platform-agnostic (cloud, hybrid cloud and on-prem) file system migration and information management software.

Buy -

Seller(S) 1

SELLER

Congruity360

Pembroke, Massachusetts, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Congruity360 LLC is a comprehensive solution provider for complete data lifecycle management. Congruity360 delivers high-quality managed services and solutions across storage, migration, support, information governance, and turnkey colocation services within its privately-owned Data Center.

DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 3
State (Massachusetts) 1 of 3
Country (United States) 1 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-09 Seven10 Storage Software

Lawrence, Massachusetts, United States

Seven10 Storage Software LLC is an enterprise storage software company that provides organizations with effortless, unified information management that includes data migration capabilities from existing storage arrays. Seven10 was formed in 2009 and is based in Lawrence, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Congruity360 - Storfirst

Pembroke, Massachusetts, United States

Congruity360's Storfirst is an OEM- and platform-agnostic (cloud, hybrid cloud and on-prem) file system migration and information management software.

Sell -
Mergr

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