M&A Deal Summary

Park Place Technologies Acquires Unitech - Multivendor Maintenance Services

On April 30, 2024, Park Place Technologies acquired information technology company Unitech - Multivendor Maintenance Services from Unitech

Acquisition Highlights
  • This is Park Place Technologies’ 16th transaction in the Information Technology sector.
  • This is Park Place Technologies’ 1st transaction in Brazil.

M&A Deal Summary

Date 2024-04-30
Target Unitech - Multivendor Maintenance Services
Sector Information Technology
Buyer(s) Park Place Technologies
Sellers(s) Unitech
Deal Type Divestiture

Target

Unitech - Multivendor Maintenance Services

Brazil
Unitech - Multivendor Maintenance Services provides third-party maintenance services.

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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 22 of 24
Sector: Information Technology M&A 16 of 18
Type: Divestiture M&A Deals 7 of 7
Country: Brazil M&A 1 of 1
Year: 2024 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-26 SDV

Williamsburg, Virginia, United States

SDV is a multi-OEM, independent third-party services provider that offers client-centric data center infrastructure solutions exclusively to Federal Government agencies. SDV was formed in 2004 and is based in Williamsburg, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-06 CSI

Birmingham, United Kingdom

CSI provides mission-critical managed services to mid to large-sized corporates with complex IT requirements, delivering solutions that combine deep expertise across infrastructure, applications, and cybersecurity. CSI was founded in 1983 and is based in Birmingham, United Kingdom.

Buy -

Seller(S) 1

SELLER

Unitech

Rio de Janeiro, Brazil

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Unitech is a provider of multivendor maintenance services and IT infrastructure solutions. Unitech was founded in 1989 and is based in Rio de Janeiro, Brazil.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2024 M&A 1 of 1