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Park Place Technologies completes acquisition of SDV Solutions to enhance data center optimization for Federal Government agencies

Mar 26, 2024•over 1 year ago

Acquiring Company

Park Place Technologies

Acquired Company

SDV Solutions

Virginiainformation technology & servicesData CenterGovernmentInformation Technology

Description

Park Place Technologies, a global data center and networking optimization firm, has acquired Virginia-based SDV Solutions, a provider of client-centric data center infrastructure solutions exclusively to Federal Government agencies. This acquisition will enable Park Place to offer a larger breadth of hardware maintenance, managed services, and professional services to Federal clients, optimizing government data center budgets, productivity, and performance.

Company Information

Company

Park Place Technologies

Location

747 Alpha Dr

About

Park Place Technologies is your global data center and networking optimization firm. Powered by the world's largest on-the-ground engineering team, a robust group of advanced engineers and our fully staffed, 24x7x365 Enterprise Operations Center, we offer a robust portfolio of IT solutions to optimize networking and data center Uptime and performance. Our services include third-party data center hardware maintenance, professional services, infrastructure managed services, network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger. Park Place's industry-leading and award-winning services include Park Place Hardware MaintenanceTM, Park Place Professional ServicesTM, ParkView Managed ServicesTM, Entuity SoftwareTM and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed