M&A Deal Summary

Park Place Technologies Acquires Custom Hardware Engineering & Consulting

On June 2, 2020, Park Place Technologies acquired business services company Custom Hardware Engineering & Consulting

Acquisition Highlights
  • This is Park Place Technologies’ 2nd transaction in the Business Services sector.
  • This is Park Place Technologies’ 7th transaction in the United States.
  • This is Park Place Technologies’ 1st transaction in Montana.

M&A Deal Summary
Date 2020-06-02
Target Custom Hardware Engineering & Consulting
Sector Business Services
Buyer(s) Park Place Technologies
Deal Type Add-on Acquisition

Target

Custom Hardware Engineering & Consulting

Fenton, Montana, United States
Custom Hardware Engineering & Consulting, Inc. is a third-party maintenance provider for disk and tape storage, networking, mainframes and mid-range server hardware equipment located in data centers throughout the United States. Custom Hardware Engineering & Consulting was founded in 1991 and is based in Fenton, Montana.

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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 14 of 22
Sector (Business Services) 2 of 4
Type (Add-on Acquisition) 12 of 15
State (Montana) 1 of 1
Country (United States) 7 of 14
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-08 IntelliNet - Network Operations Center Business

Cleveland, Ohio, United States

IntelliNet's Network Operations Center (NOC) Business provides network management solutions.

Buy -
FOLLOWING 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 -
Mergr

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