Park Place Technologies – Business Times Oman http://www.businesstimesoman.com Tue, 26 Mar 2024 13:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Park Place Technologies Acquires SDV Solutions http://www.businesstimesoman.com/?p=310581/ http://www.businesstimesoman.com/?p=310581/#respond Tue, 26 Mar 2024 13:00:00 +0000 http://www.businesstimesoman.com/?p=310581 CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia–based SDV Solutions, which provides client–centric data center infrastructure solutions exclusively to Federal Government agencies.

Founded in 2004 by Service–Disabled Veteran and current Owners Mike McMahan (U.S. Air Force) and Erin McMahan, SDV is a multi–OEM, independent third–party services provider exclusively to the U.S. Federal Government. Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the U.S. Government.

“SDV has always been about teamwork, efficient service to Government clients, and exceeding performance expectations,” McMahan said. “We will now be able to offer our Federal clients a larger breadth of Hardware Maintenance, Managed Services and Professional Services. Park Place will help government agencies accomplish more with their budgets, get longer life from IT assets, and carry forward SDV’s legacy of trust and high–level security.”

Park Place helps more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, Park Place’s comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Chris Adams, Park Place Technologies President and CEO, said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.

“We have been firmly entrenched in the Federal space and continue to foster long–term relationships at the highest levels,” Adams said. “The trust and unquestioned dedication SDV is known for will be joined with our mission to optimize government data center budgets, productivity, performance, and sustainability.”

SDV’s Channel partners will have access to Park Place’s decades–long platforms of partner incentives, Federal–adherent processes, U.S.–based supply chain and deeper depth of security–cleared field engineers.

“SDV and Park Place will do more than maintain current standards; we will strengthen our services and provide options that will solidify our place as the U.S. Government’s most–trusted data center maintenance and optimization firm,” McMahan said.

Agile Equity provided exclusive investment banking transaction services to SDV Solutions.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Park Place’s industry–leading and award–winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

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Park Place Technologies Announces Inaugural 2023 Channel Partner Awards Recipients http://www.businesstimesoman.com/?p=310265/ http://www.businesstimesoman.com/?p=310265/#respond Thu, 08 Feb 2024 13:00:00 +0000 http://www.businesstimesoman.com/?p=310265 CLEVELAND, OH, Feb. 08, 2024 (GLOBE NEWSWIRE) — Last night, Park Place Technologies, the leading global data center and networking optimization firm, formally announced the winners of its inaugural 2023 Channel Partner Awards program. These awards recognize the collaboration of Park Place’s network of channel partners in solving client pain points through the adoption of IT infrastructure management and optimization services. 

Partners play a pivotal role in Park Place Technologies' success, serving as a substantial driving force behind revenue generation and deal facilitation globally. Recognizing this, Park Place has committed to fostering the growth and success of its partners. The initiation of their Partner Advisory Board (PAB) in both North America and EMEA in 2023 underscores this commitment, providing a platform for communication, learning, and mutual benefit. 

Furthermore, the implementation of a Channel Partner Awards program provides a platform to formally recognize organizations that contributed significantly to the organization’s success while addressing critical customer pain points. Regional ceremonies hosted in Scottsdale, Arizona and London, UK offered an opportunity to acknowledge and applaud said partners in person for their dedication and achievements throughout the previous year. 

The awards constituted five categories across four regions and were open to all of Park Place Technologies' global partners that had been onboarded by January 1st, 2023. The awards titles and recipients by region were as follows: 

2023 Partner of the Year 
Awarded to the partners that transacted the largest total revenue contribution to Park Place Technologies between January 1, 2023, and December 31, 2023. Title winners by region include:

    • North American Partner of the Year – CDW Corporation 
    • Asian–Pacific Partner of the Year – DXC Technology
    • European, Middle Eastern, and African Public Sector Partner of the Year – Insight
    • European, Middle Eastern, and African Commercial Partner of the Year – Softcat
    • Latin American Partners of the Year: 
      • North of Latin America Region Partner of the Year – BPM @ Consulting 
      • Southern Cone Region Partner of the Year – Telextorage 
      • Andean Region Partner of the Year – Green Services and Solutions 

2023 Rising Star Partner of the Year 
Recognizing partners onboarded in 2022 that have showcased their partner potential in delivering live opportunities, have actively collaborated in partnership with Park Place, and have demonstrated YoY growth from the previous 12 months, between January 1, 2023, and December 31, 2023. Title winners by region include:

    • North American Rising Star Partner of the Year – Lucidia IT
    • Asian–Pacific Rising Star Partner of the Year – Galaxy Office Automation
    • European, Middle Eastern, and African Rising Star Partner of the Year – Renewtech
    • Latin American Rising Star Partners of the Year: 
      • North of Latin America Region Rising Star Partner of the Year – Sonda 
      • Southern Cone Region Rising Star Partner of the Year – Vr4 
      • Andean Region Rising Star Partner of the Year – IO Gestion 

2023 Collaborative Partner of the Year 
Acknowledging partners that have demonstrated true collaboration, working with Park Place Technologies to solve customer pain points and devise solutions, being advocates for Park Place’s range of IT infrastructure management services, and have advanced the co–operations between our sales and technical teams across our entire portfolio. Title winners by region include: 

    • North American Collaborative Partner of the Year – SHI International Corp
    • Asian–Pacific Collaborative Partner of the Year – Phil–Data Business Systems Inc
    • European, Middle Eastern, and African Collaborative Partner of the Year – Viadex
    • Latin American Collaborative Partners of the Year: 
      • North of Latin America Region Collaborative Partner of the Year – Openstor 
      • Southern Cone Region Collaborative Partner of the Year – Ricoh Chile 
      • Andean Region Collaborative Partner of the Year – Terasys 

2023 Partner Initiative of the Year 
Awarded to the partners that have collaborated with Park Place Technologies to deliver a stand–out initiative. This initiative either aligns their partner sales teams with Park Place, or actively promotes Park Place’s portfolio of services to their end–user customers, resulting in demonstratable alignment with Park Place and our portfolio of services. Key criteria included total number of aligned reps and opportunities per rep worked in conjunction with Park Place sellers. Title winners by region include: 

    • North American Partner Initiative of the Year – CDW Corporation
    • Asian–Pacific Partner Initiative of the Year – Information System Services Co. (Japan) 
    • European, Middle Eastern, and African Partner Initiative of the Year – Constor Solutions 
    • Latin American Partner Initiative of the Year – Sdelka  

2023 Partner Deal of the Year 
Recognizing the partners responsible for delivering the single largest deal opportunity to Park Place Technologies between January 1, 2023, and December 31, 2023. Title winners by region include:

    • North American Partner Deal of the Year – Technologent 
    • Asian–Pacific Partner Deal of the Year – DXC Technology 
    • European, Middle Eastern, and African Partner Deal of the Year – Softcat 

Chad Jones, Senior Director of Partner Sales at Park Place Technologies, expressed his gratitude, stating, “On behalf of Park Place Technologies, I am proud to recognize our strategic partners for their enthusiasm and commitment to scaling business within their end–user accounts.” 

“The five award categories in our 2023 inaugural Partner Awards were derived from Park Place’s channel program initiatives, such as portfolio adoption and sales rep engagement,” he continued. “2023 was a banner year for Park Place, and specifically our Channel division, which saw historic growth in bookings and revenue across all business segments.” 

About Park Place Technologies 

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future. 

Park Place’s industry–leading and award–winning services portfolio includes Park Place Hardware Maintenance™Park Place Professional Services™ParkView Managed Services™Entuity Software™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR. 

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Park Place Technologies Acquires CentricsIT Global Services Division http://www.businesstimesoman.com/park-place-technologies-acquires-centricsit-global-services-division/ http://www.businesstimesoman.com/park-place-technologies-acquires-centricsit-global-services-division/#respond Thu, 08 Dec 2022 19:35:38 +0000 http://www.businesstimesoman.com/?p=307094 CLEVELAND, Dec. 08, 2022 (GLOBE NEWSWIRE) — Park Place Technologies, the leading global data center and networking optimization firm, has acquired the TPM and Professional Services assets of CentricsIT, an IT services provider based in Atlanta, Georgia.

The demand for Professional Services is growing globally, driven by economic conditions and skills gaps. Park Place's Professional Services offering will benefit from the acquisition with greater capabilities in IMAC, ITAD, Remote Hands, and deployment services, including cabling, wi–fi surveys, data center installs and refreshes, and network installations. Park Place clients will benefit from a state–of–the–art Professional Services portal developed by CentricsIT that provides real–time project status, reporting, and collaboration tools. Park Place's Project Management Office function will be enhanced with the addition of Project Management Institute–certified CentricsIT employees worldwide. CentricsIT customers will gain access to Park Place Technologies' unique portfolio of products and services, including automated monitoring and managed services.

Chris Adams, President and CEO of Park Place Technologies, said in addition to investing in Professional Services, Park Place continues to focus on providing exceptional customer service and support. "When acquiring businesses, we always search for companies that are intensely focused on customer service and have a similar culture and value set to PPT. CentricsIT delivers that and more," he said. "Our combined Professional Services capabilities are evolving to meet client needs, and this will accelerate that CX agenda. CentricsIT's EVP of Global Services, Patrick Keuller, will join the global Professional Services group. Patrick brings decades of experience and understands the growing needs of companies around the globe that are struggling to recruit skilled stafff and stretching budgets to efficiently manage their infrastructures.”

CentricsIT has been a global leader in IT lifecycle management solutions and professional services since 2007. As the company transitions its professional services and TPM divisions to Park Place Technologies, it will retain its server, storage and networking resale division.

"We're pleased to have found the right fit in Park Place Technologies for our services practice to grow and thrive," said CentricsIT founder and CEO Derek Odegard. "We know they will continue to excel in service delivery and client support."

This is Park Place's fourth acquisition in 2022.

"Agile Equity provided investment banking services to CentricsIT and facilitated the transaction," Odegard said. "We enjoyed working with the Agile Equity team. Their expertise in the data center infrastructure industry was very beneficial throughout the transaction.""

Founded in 1991, Park Place Technologies is powered by the world's largest on–the–ground engineering team, a robust group of hundreds of advanced engineers and its fully staffed 24x7x365 Enterprise Operations Center. Park Place leverages a global parts supply chain, automation, machine learning and a comprehensive portfolio of services and products to optimize networking and data center uptime and performance.

About Park Place Technologies

Park Place Technologies is a 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 Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Software and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.


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