M&A Deal Summary

Park Place Technologies Acquires Ardent Support Technologies

On November 15, 2016, Park Place Technologies acquired information technology company Ardent Support Technologies

Acquisition Highlights
  • This is Park Place Technologies’ 3rd transaction in the Information Technology sector.
  • This is Park Place Technologies’ 1st transaction in the United States.
  • This is Park Place Technologies’ 1st transaction in New Hampshire.

M&A Deal Summary
Date 2016-11-15
Target Ardent Support Technologies
Sector Information Technology
Buyer(s) Park Place Technologies
Deal Type Add-on Acquisition

Target

Ardent Support Technologies

Dover, New Hampshire, United States
Ardent Support Technologies is a premier third-party support provider for data center hardware based in Dover, New Hampshire.

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Buyer(S) 1

Buyer

Park Place Technologies

Cleveland, Ohio, United States
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 3 of 22
Sector (Information Technology) 3 of 16
Type (Add-on Acquisition) 2 of 15
State (New Hampshire) 1 of 1
Country (United States) 1 of 14
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-16 Computer Computer

London, United Kingdom

Computer Computer Ltd. (Com-Com) is an independent, alternative supplier to businesses and institutions of IT storage, server and networking support, hardware supply and other IT services.

Buy -
FOLLOWING 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 -
Mergr

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