Announced
Completed
Financials
Tags
Completed
Single Bidder
IT maintenance
Majority
Private Equity
network hardware
Production Technology Equipment
Acquisition
Private
Friendly
United States
Domestic
Synopsis
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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