Park Place Technologies' largest acquisition has just been made with NCE Group
Park Place Technologies (PPT) has acquired NCE Group Limited (NCE) today (August 8), a global provider of third-party data centre maintenance and repair. The figure was not disclosed.
However, this will substantially increase PPT’s global client portfolio and European presence, with the company’s plan to begin immediate operation integrations, employing more than 280 new staff members.
The deal also marks the company’s sixth acquisition in the past year, which is now responsible for over 30k data centers and 9,000 customers in over 100 countries.
Ed Kenty, chairman and CEO of Park Place, commented: “NCE has provided exceptional services and deep product knowledge for more than 35 years… We’re excited to leverage its unique experience and leadership as we further expand our capabilities and service to support our customers.”
Acquiring NCE will give PPT faster response times and efficiencies for consumers including education, government and healthcare institutions. Since 1981, NCE has serviced customers across both the US and UK across various industries.
Andrew Genever, former CEO of NCE and newly appointed vice-president at PPT, said: “As we join Park Place, we will continue to provide exceptional service to our customers worldwide, while utilising the company’s broad expertise.”
PPT’s president and chief operating officer, Chris Adams, was very pleased at this latest acquisition, commenting: “Through this, we are solidifying Park Place’s market position as the largest global data center maintenance provider.
“We are expanding our footprint into additional European markets and adding talent to the industry to support our growing customer base and enrich the customer experience.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline