Add-on Acquisition • Business Services

Park Place Technologies Acquires Custom Hardware Engineering & Consulting

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date June 2, 2020
Target Custom Hardware Engineering & Consulting
Sector Business Services
Buyer(s) Park Place Technologies
Deal Type Add-on Acquisition

Target Company

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 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 14 of 24
Sector: Business Services 2 of 4
Type: Add-on Acquisition 12 of 16
State: Montana 1 of 1
Country: United States 7 of 15
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 -