Thursday, October 19, 2017

Park Place Technologies acquires Fortune 100 data centre maintenance provider

With a customer base spread across more than 100 countries, the company has “substantially increased” its European presence with the deal.

Post-warranty data centre maintenance company Park Place Technologies has acquired NCE Group , in what the company claims to be its largest acquisition in 26 years of operations.

NCE is a global provider of third-party data centre maintenance and repair founded in 1981, with a customer base spread across the US and the UK including Fortune 100 companies and small and mid-sized IT customers across a broad spectrum of industries.

Terms of the transaction were not disclosed.

Park Place Technologies, which serves more than 9,000 organisations in over 100 countries, said the acquisition “substantially increased” its global client portfolio and European presence.

The companies plan to immediately begin integrating operations, channel partners, customers and employees, adding more than 280 individuals to Park Place Technologies’ current staff.

Ed Kenty, Chairman and CEO of Park Place Technologies, said: “With design and delivery at the core of NCE’s identity, we are excited to leverage their unique experience and exemplary leadership as we further expand our capabilities and service and support functions for our customers.”

The deal marks Park Place Technologies’ sixth acquisition in the past year. In November 2016, Park Place Technologies opened an Asia-Pacific (APAC) location in Singapore. Most recently, Park Place Technologies acquired UK-based Prestige Data Centre Solutions, Singapore-based Performance Data and US-based Allen Myland, Inc., further expanding its global reach and service offerings.

Chris Adams, President and Chief Operating Officer, Park Place Technologies, said: “Over the last few weeks, Park Place Technologies has announced numerous acquisitions.

“Today we welcome NCE to the Park Place family. Through this acquisition, we are solidifying Park Place’s market position as the largest global pure play data centre maintenance provider.

“We are expanding our footprint into additional European markets and adding talent to the deepest bench in the industry to support our growing customer base and enrich the customer experience.”