CLEVELAND, March 8, 2021 / PRNewswire / – Park Place Technologies, a One-Stop Source for Award-Winning Data Center Hardware Maintenance and a Complete Line of Managed Services, Today Celebrates 30 Years of Employee Growth, Technology Innovation and Company Success . This milestone for Park Place is a continuation of the innovation and entrepreneurial spirit that have characterized the company since its inception and have helped it become the largest third-party maintenance provider (TPM). to the world – and much more.
“I would like to personally thank every employee, customer and partner who played a role in Park Place’s success and helping us reach that milestone, “said Chris Adams, President and CEO of Park Place Technologies. “Park square above all concerns people. It’s been an integral part of our culture from the start and will continue to be our focus as we grow. “
Incorporated in Ohio sure March 8, 1991, Park square was founded by Daniel Grajzl and John Warcaba as a generalist data reseller with the goal of helping companies achieve their business goals through more efficient use of technology.
John, Dan and their team, many of whom are still with Park square 30 years later, they have built long term relationships with their clients based on mutual trust and respect. As the hardware companies merged, acquired, and began phasing out critical customer hardware, customers turned to a vendor they trusted. They turned to Park Place.
Investments in employees, management, sales, infrastructure and facilities over the years have allowed the company to keep up with its tremendous growth. The company intelligently recognized the business opportunity and started recruiting talent from the major OEMs. Today Park Place’s The field service team has an average of 15 years of service experience in organizations such as Dell EMC, IBM and HP.
A change of direction
Former President and CEO Ed kenty, who joined Park square in 2004, oversaw the start of a strategic shift to evolve Park square into a multiplatform service provider that continued under the leadership of the current President and CEO Chris Adams, who joined Park square as CFO in 2006 and also served as COO.
Park square has grown into a global organization that simplifies the management of complex technology environments with a network of parts to support data centers in 154 countries. Parts are stocked regionally, locally and on site to enable rapid parts distribution and service to increase availability. In early 2020, Park Place created a new category of technology services – Discover, Monitor, Support, Optimize (DMSO) – a fully integrated approach to managing critical infrastructure. Park Place’s Industry-leading and award-winning services include ParkView ™ Managed Services, Entuity software and their Enterprise Operations Center.
An aggressive growth strategy
Park square has had and continues an aggressive acquisition strategy, having acquired 15 national and international companies since 2016.
As part of the M&A process Park square invests considerable resources in integration to ensure its success. This includes a dedicated team of M&A specialists who are involved throughout the acquisition process. The team is in constant communication throughout the process and has a full range of onboarding material, including digital guides, videos and in-person presentations, all designed to deliver new Park square employees have a clear focus and immersion in the culture of Park Place.
In November 2020, Park square acquired Curvature, a global TPM. The acquisition of Curvature:
- assembled the largest team of field service engineers in the industry
- has tripled the spare parts inventory, with more than 1.15 million parts now available in more than 2,400 stock points
- supported Park Place’s Global expansion plans continue with four new international markets: Denmark, Australia, Thailand, and Japan
- created a new level of TPM, spanning multiple OEM environments with the most resources in the world for faster, cost-effective data center support.
About Park square
Park Place Technologies simplifies the management of complex technological environments around the world. Our parts network to support data centers is stocked regionally, locally and on site to enable rapid parts distribution and service to increase uptime. Park square created a new category of technology services – Discover, Monitor, Support, Optimize (DMSO) – a fully integrated approach to critical infrastructure management. Our industry-leading, award-winning services include ParkView ™ Managed Services, Entuity software and our Enterprise Operations Center. For more information, visit our website www.parkplacetechnologies.com.
Park square is a holding company of Charlesbank Capital Partners and GTCR.
Park Place Technologies contacts:
Jennifer deutsch, Marketing Director
Michael miller, Global Content and Communications Manager
SOURCE Park Place Technologies