GTCR sells stake in Park Place Technologies to Charlesbank

2019年7月23日


Transaction Expands Shareholder Base and Provides Park Place Additional Access to Capital for Growth

梅菲尔德高地,俄亥俄州,芝加哥和波士顿 GTCR, 一家总部位于芝加哥的私募股权公司, today announced it has agreed to sell a stake in Park Place Technologies, a leading global third-party maintenance (TPM) provider, 查尔斯班克资本合伙公司, 总部位于波士顿的私募股权公司.  The transaction is expected to close in the third quarter of 2019. The terms of the transaction were not disclosed.

Park Place Technologies provides a post-warranty alternative for storage, server and networking hardware maintenance for IT data centers. Park Place provides 客户 with 24/7 access to a multi-lingual support center, advanced engineers with decades of experience and ParkViewTM, 获奖作品, 安全, hosted monitoring service that proactively identifies component failures and probable cause across a single pane of glass. 总部设在梅菲尔德高地, 俄亥俄州, 公司十大赌博正规老平台超过16个国家,000客户 in over 140 countries with more than 1,200名员工.

自2015年被GTCR收购以来, Park Place has achieved strong organic growth by expanding its salesforce and technical capabilities, entering new international markets and launching ParkViewTM. Park Place’s growth has been further aided by its acquisition activity, 自2016年以来完成了11次收购. The result of these initiatives has seen revenue and EBITDA grow significantly under GTCR’s ownership.

克里斯•亚当斯, Park Place首席执行官, said: “GTCR has been a highly strategic partner supportive of our growth efforts in recent years and we are excited to continue our partnership. We are thrilled to add a new partner in Charlesbank and value their expertise and insight in technology and data center infrastructure. We look forward to working with both firms who share our vision and commitment to scaling the business further.” Mr. 亚当斯继续, “更重要的是, we look forward to continuing to provide our 客户 with exceptional service while selectively identifying acquisitions to bolster Park Place’s position in the market.”

大卫Donnini, GTCR常务董事, said: “We want to congratulate the entire Park Place team on their accomplishments over the last three and a half years.  自从我们和克里斯和他的团队合作以来, Park Place has achieved impressive growth through organic investments in its salesforce and product offering and through acquisitions to create a leading global TPM provider. We believe strongly in Park Place’s future and look forward to executing on the continued opportunities.”

瑞恩•卡罗尔, 查尔斯银行的总经理, said: “Park Place is a leader in the resilient TPM market, 拥有多样化且不断增长的客户群, a consistent and predictable cash-generative business model, and numerous opportunities for equity value creation.他补充道, “We know the GTCR team well from a prior shared investment and are delighted to partner with them on this opportunity. We look forward to working with 克里斯•亚当斯 and his talented management team in the company’s next chapter of growth.”

Park Place and GTCR were advised by UBS Investment Bank, Harris Williams and Lazard as financial advisors and Kirkland & 担任Ellis LLP法律顾问. 绳子 & Gray LLP served as legal counsel to Charlesbank.

关于柏居科技

成立于1991年, Park Place Technologies provides a post-warranty alternative to storage, server and networking hardware maintenance for IT data centers. With 24/7 access to a global contact center, support from the industry’s most advanced engineers and a wide array of industry leading and award-winning services such as ParkViewTM, Park Place Technologies empowers its 客户 to improve operational speed and maximize uptime. 有超过16个,000客户, 包括所有一级原始设备制造商, Park Place Technologies’ services are spread across 55,在140多个国家/地区拥有5000多个数据中心.

关于GTCR

成立于1980年, GTCR is a leading private equity firm focused on investing in growth companies in the Financial 十大赌博正规老平台 & 科技、医疗保健、科技、媒体 & Telecommunications and Growth Business 十大赌博正规老平台 industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies. 欲了解更多信息,请访问 www.gtcr.com.

关于Charlesbank Capital 合作伙伴

总部设在波士顿和纽约, Charlesbank Capital 合作伙伴 is a middle-market private equity investment firm managing more than $5 billion of capital. Charlesbank focuses on management-led buyouts and growth capital financings, generally investing in companies with enterprise values of $150 million to $1.5 billion, and also engages in opportunistic credit and technology investments. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth. 欲了解更多信息,请访问 www.charlesbank.com.

媒体联系人: 

Park Place科技有限公司

Jennifer 多伊奇 | +1 440-991-3105 | jdeutsch@parkplacetech.com

对于GTCR

Eileen Rochford | +1 312-953-3305 | eileenr@theharbingergroup.com

对于Charlesbank

莫拉·特纳| +1 617-619-5457 | mturner@charlesbank.com