Park Place Technologies acquires IT solutions firm Xuper
CLEVELAND, UNITED STATES — Global data center and networking optimization firm Park Place Technologies has acquired Xuper, an IT solutions company based in the United Kingdom.
The purchase expands Park Place’s presence in the Europe, the Middle East, and Africa (EMEA) region and strengthens its third-party maintenance capabilities.
Founded in 1985, Xuper offers third-party maintenance, professional services, and IT asset disposition. The company has operations in the UK, United States, and Germany.
Xuper’s chairman Peter Grogan has announced his retirement but will assist during the transition.
Park Place gains Xuper’s team of experienced engineers, staff augmentation services, and extensive third-party maintenance skills. Xuper clients now have access to Park Place’s global parts network and a full portfolio of data center services.
Chris Adams, Park Place Technologies’ President and CEO, remarked on Xuper’s illustrious industry reputation: “For decades, Xuper has been a well-respected brand. Its culture of finding solutions and building long-term partnerships mirrors Park Place’s mission.”
The acquisition enhances Park Place’s ability to serve multinational clients. Xuper’s multilingual service team, paired with Park Place’s North American support, provides industry-leading global coverage.
Based in Cleveland, Ohio, Park Place Technologies optimizes data center and networking infrastructure for over 21,000 clients worldwide. Its services help IT organizations improve efficiency, performance, and total cost of ownership. Park Place is backed by private equity firms Charlesbank Capital Partners and GTCR.
The company completed 17 acquisitions, with Xuper marking its first acquisition for 2023. Last year, the company added CentricsIT-global professional services, Riverstone Technology, and Reliant Technology to its portfolio. As per Crunchbase, Park Place’s revenue ranges from $100 million to $500 million.
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