Park Place Technologies acquires Com-Com, Ltd

Cleveland, OH – Park Place Technologies announced today that it has purchased Com-Com, a provider of data center maintenance in London, England.  The terms of the transaction are not being disclosed at this time.

“We are thrilled to welcome Com-Com and their amazing data center maintenance capabilities into the Park Place Technologies’ family,” says Ed Kenty, Chairman and CEO of Park Place Technologies.  “Park Place has experienced considerable growth year-over-year. I believe our acquisition of Com-Com will add to our ongoing success in expanding our data center services and support to our global customers.”

The acquisition of Com-Com into Park Place Technologies will further Park Place’s award-winning service of 6,500 companies across 89 countries and support throughout EMEA. Ed Kenty said, “I am excited to embark on this new relationship with Com-Com. Their talents and expertise allow us to expand and capitalize on future opportunities.”

Ian Shearer, a former Director of Com-Com will assume the new role of General Manager of UK Operations at Park Place Technologies. Ian said, “We are absolutely delighted to become part of the Park Place Technologies’ family. The synergies of the IT support and maintenance services we provide are very closely aligned with the philosophy of Park Place Technologies, so this is a natural fit. With Park Place Technologies’ 110+ service locations worldwide, we can now offer our customers greater access to IT support and maintenance services internationally.”

Ian also emphasized that for Com-Com customers, the name may have changed but it’s ‘business as usual.’ “We look forward to providing our customers with the excellent service they have come to expect over the years. Within the Park Place Technologies family, our customers will benefit from a wider range of innovative IT maintenance and support services, as well as support for a wider range of hardware brands and models.”

About Com-Com

Com-Com is a leading, independent, alternative supplier to businesses and institutions of IT storage, server and networking support, hardware supply and other IT services.  We are providers of a wide range of cost containment solutions and have a particular specialism in post

warranty hardware maintenance and extending the life cycle of assets with ‘End-of-Life’ (EOL) maintenance support.

Our service and product offerings are designed to lower your operational expenditure and maximize your return on investment while at the same time ensuring you benefit from a reduction in your capital expenditure.

Our independence means that we are not tied in with any vendor, instead choosing to remain committed and focused on providing you with a multitude of options that will meet your exact requirements. We provide support for a range of leading vendors including Bull, Cisco, Dell, EMC, Fujitsu, HP, IBM, NetApp and Sun/Oracle.

We have established relationships with brokers and suppliers throughout the UK and Europe.  Our relationship power and access to the inventory of over 5,000 suppliers, combined with our large stocks of spares, our multi-skilled and accredited engineers and dedicated account managers enables you to receive competitive pricing, speed of delivery and excellent, unrivaled service.

Agile Equity was the exclusive financial advisor to Computer-Computer, Ltd.

About Park Place Technologies

Park Place Technologies is a leading provider of hardware maintenance and support, specializing in extended warranty services for storage, servers and network equipment. Park Place Technologies’ core competency of service maintenance, coupled with its professional services for storage, server and network equipment, enable it to extend the lifecycle of customer data centers. Established in 1991, Park Place Technologies has expanded quickly over the last two decades to become a premier provider of hardware maintenance and support. With support locations around the globe, Park Place Technologies services tier-one OEM equipment, including hardware from EMC, IBM, HP, Sun/Oracle, NetApp, Dell, Cisco, Hitachi, Brocade and Juniper, as well as legacy systems.