M&A Deal Summary

Park Place Technologies Acquires Performance Data

On July 18, 2017, Park Place Technologies acquired information technology company Performance Data

Acquisition Highlights
  • This is Park Place Technologies’ 5th transaction in the Information Technology sector.
  • This is Park Place Technologies’ 2nd transaction in the United States.
  • This is Park Place Technologies’ 1st transaction in Delaware.

M&A Deal Summary
Date 2017-07-18
Target Performance Data
Sector Information Technology
Buyer(s) Park Place Technologies
Deal Type Add-on Acquisition

Target

Performance Data

Wilmington, Delaware, United States
website
Performance Data LLC is an IT service provider for hardware maintenance and systems integration services. Performance Data provides quality services to its clients, who are predominantly IT service providers to many global companies, to deliver flexible and reliable third-party maintenance (TPM) services for most major OEM hardware and OS platforms globally. Performance Data LLC was established in 2008 and is headquartered in Wilmington, Delaware.

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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 5 of 21
Sector (Information Technology) 5 of 15
Type (Add-on Acquisition) 4 of 15
State (Delaware) 1 of 1
Country (United States) 2 of 14
Year (2017) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Prestige Data Centre Solutions

Bromsgrove, United Kingdom

Prestige Data Centre Solutions is a provider of hardware maintenance and support, specializing in extended warranty services for storage, servers and network equipment. Park Place Technologies’ core competency of service maintenance, coupled with its professional services for storage, server and network equipment, enable it to extend the lifecycle of customer data centers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-02 Allen Myland

Broomall, Pennsylvania, United States

Allen Myland, Inc. is a provider of data storage maintenance in the industry. AMI provides data storage hardware support to Fortune 500 and local companies looking to extend the lifespan of their post warranty storage systems. Allen Myland, Inc. was founded in 1973 and is based in Broomall, Pennsylvania.

Buy -
Mergr

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