Divestiture • Internet Software and Services

Park Place Technologies Acquires Congruity360 - Storfirst

On February 1, 2022, Park Place Technologies acquired internet software and services company Congruity360 - Storfirst from Congruity360

Acquisition Context
  • This is Park Place Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Park Place Technologies’ 10th transaction in the United States.
  • This is Park Place Technologies’ 3rd transaction in Massachusetts.

Explore All 940 Divestiture Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date February 1, 2022
Target Congruity360 - Storfirst
Sector Internet Software and Services
Buyer(s) Park Place Technologies
Sellers(s) Congruity360
Deal Type Divestiture

Target Company

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.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 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 Context for Buyer #
Overall 17 of 24
Sector: Internet Software and Services 1 of 1
Type: Divestiture 5 of 7
State: Massachusetts 3 of 3
Country: United States 10 of 15
Year: 2022 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 Reliant Technology

Atlanta, Georgia, United States

Reliant Technology is a third-party maintenance company passionate about helping customers reduce the costs, headaches, and hassles associated with data center infrastructure. The company offers a fantastic team of colleagues to work with, amazing customers to serve, and competitive compensation, benefits, and growth opportunities. Reliant Technology was formed in 2008 and is based in Atlanta, Georgia.

Buy -

Seller Profile 1

SELLER

Congruity360

Pembroke, Massachusetts, United States

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 Context for Seller #
Overall 2 of 3
Sector: Internet Software and Services 1 of 1
Type: Divestiture 2 of 3
State: Massachusetts 2 of 3
Country: United States 2 of 3
Year: 2022 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 Congruity360 - Legal Hold & Workflow Technology Assets

Pembroke, Massachusetts, United States

Congruity360's Legal Hold & Workflow Technology Assets provides Hold360 and Request360 next-generation, streamlined technology solutions that eliminate the challenges from legacy solutions, which relied on human processes, teams of attorneys and legal professionals, and limited technological solutions to ensure compliance with legal preservation obligations.

Sell -