M&A Deal Summary

Warburg Pincus Acquires Park Place Technologies

On September 10, 2025, private equity firm Warburg Pincus acquired information technology company Park Place Technologies from GTCR and Charlesbank Capital Partners

Acquisition Highlights
  • This is Warburg Pincus’ 44th transaction in the Information Technology sector.
  • This is Warburg Pincus’ 241st transaction in the United States.
  • This is Warburg Pincus’ 9th transaction in Ohio.

M&A Deal Summary

Date 2025-09-10
Target Park Place Technologies
Sector Information Technology
Buyer(s) Warburg Pincus
Sellers(s) GTCR
Charlesbank Capital Partners
Deal Type Secondary Buyout
Advisor(s) Goldman Sachs
Moelis & Co. (Financial)

Target

Park Place Technologies

Cleveland, Ohio, United States
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.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 490 of 492
Sector: Information Technology M&A 44 of 44
Type: Secondary Buyout M&A Deals 69 of 70
State: Ohio M&A 9 of 9
Country: United States M&A 241 of 241
Year: 2025 M&A 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-10 Service Express

Grand Rapids, Michigan, United States

Service Express is a provider of third-party maintenance services for mission-critical data center infrastructure focused on server and storage equipment. Service Express was founded in 1986 and is based in Grand Rapids, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-26 Fortegra

Jacksonville, Florida, United States

Fortegra is a global specialty insurance company through its subsidiaries, offers to underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. Fortegra is based in Jacksonville, Florida.

Sell -

Seller(S) 2

SELLER

GTCR

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.


DEAL STATS #
Overall 87 of 87
Sector: Information Technology M&A 10 of 10
Type: Secondary Buyout M&A Deals 22 of 22
State: Ohio M&A 5 of 5
Country: United States M&A 84 of 84
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-27 Innovative Systems

Mitchell, South Dakota, United States

Innovative Systems is a provider of mission-critical enterprise software for the independent telecommunications industry. Innovative’s core products include eLation, a market-leading Billing & Operations Support System (BSS/OSS), IPTV, a live streaming and cable television solution suite, and APMAX, a hardware and software Voice over IP (VoIP) platform. Innovative Systems was founded in 1998 and is based in Mitchell, South Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-11 Zentiva

Prague, Czech Republic

Zentiva is a generics pharmaceutical company, offering generic medicines across all key therapeutic areas. Zentiva is based in Prague, Czech Republic.

Buy -
SELLER

Charlesbank Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Charlesbank Capital Partners is a private equity firm focused on investing in companies at various stages of development, including private and public companies, distressed situations, as well as later stage high growth businesses. Charlesbank typically invests $50 to $150 million per deal, in companies valued between $150 million and $3 billion. Industries of interest include consumer products, distribution, energy, financial services, food, education, health-care products and services, manufacturing, media and communications, and retail. Charlesbank Capital Partners is based in Boston, Massachusetts with an additional office in New York City.


DEAL STATS #
Overall 52 of 52
Sector: Information Technology M&A 2 of 2
Type: Secondary Buyout M&A Deals 16 of 16
State: Ohio M&A 3 of 3
Country: United States M&A 48 of 48
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-04 Q6 Cyber

Miami, Florida, United States

Q6 Cyber is an E-Crime Intelligence firm, safeguarding financial, technology, and healthcare enterprises against evolving digital threats. Q6 Cyber was founded in 2016 and is headquartered in Miami, Florida.

Buy -