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New Deal


Announced

Completed

Charlesbank Capital Partners and GTCR-backed Park Place Technologies completed the acquisition of Curvature.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Single Bidder

IT maintenance

Majority

Private Equity

network hardware

Production Technology Equipment

Acquisition

Private

Friendly

United States

Domestic

Synopsis

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Charlesbank Capital Partners and GTCR-backed Park Place Technologies, a provider of organizations around the globe with post-warranty maintenance and support solutions, completed the acquisition of Curvature, an IT support, products, and services company. Financial terms were not disclosed. "Park Place and Curvature were both pioneers in this industry. With the addition of Curvature, our infrastructure support and services offerings are stronger, smarter and further reaching than ever before. In an environment where infrastructures rarely rely on equipment from a single supplier, and where budgets and resources are tighter than ever before, we have created a new tier of TPM (third-party maintenance) that positions us as a more compelling option versus the OEM," Chris Adams, Park Place President and CEO.

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