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August 10, 2023

Platinum Equity Sells Stake In Vertiv

The 5.3% stake was sold August 9 at a price of $34.91 per share, yielding $698.2 million for Platinum Equity....

By Michael Marzec

June 2, 2020

Park Place Technologies Buys Missouri-Based Custom Hardware Engineering & Consulting

This is the second acquisition for Park Place Technologies in 2020 and its 14th since 2016. In January, Park Place acquired the network operations center of Cleveland-based IntelliNet....

By SBN Staff

November 26, 2019

Laura Pettit Rusick: Don’t Wait Until After The Deal To Address IT Due Diligence

Dealmakers who fail to incorporate IT due diligence into their M&A strategy are taking a big risk, says OPT Solutions Founder Laura Pettit Rusick....

By Mark Scott

November 11, 2019

Aplana offloads its software testing business to IBS

IBS, a Russia-based IT services company, is reportedly set to acquire the software testing business of Aplana group....

By Adam Burroughs

October 23, 2019

SmartSource Buys Global IT SOS

With the acquisition, SmartSource gains a proprietary network of more than 250 partners in 132 countries. Global IT SOS President Diego Soto will become SmartSource’s new president of international operations....

By Mark Scott

October 18, 2019

Buddy Flerl on today’s hectic and fatiguing deal market

Veteran dealmaker Buddy Flerl talks about what he’s seeing in the market and his approach to dealmaking....

By Jayne Gest

October 3, 2019

Huron Capital-Backed InterVision Makes Fifth Add-On Acquisition

Huron Capital partnered with Santa Clara, California-based InterVision in 2016 to pursue opportunities in the rapidly growing IT solutions industry....

By Mark Scott

October 1, 2019

Everstream to buy 200+ miles of fiber network from DataBank

Everstream has accelerated its planned entry into the Indianapolis market with its intent to purchase these fiber assets. When fully completed, the Everstream network will cover the Indianapolis metro area....

By Adam Burroughs

September 24, 2019

Netlink Buys Enterprise Touch

Netlink, a provider of information technology and business analytics solutions, has acquired Enterprise Touch, an enterprise mobility and digital transformation services provider based in Chennai, India....

By Mark Scott

September 9, 2019

RDX completes Navisite purchase

RDX, a Warrendale-based cloud, database and application managed service provider, has completed its acquisition of Navisite LLC from Charter Communications Inc. The Navisite acquisition increases the depth of RDX’s customer base, expands its global network of data centers and adds certified experts in cloud-based infrastructure and application managed services....

By Jayne Gest

September 5, 2019

Lightwell buys New York IT consultancy

Lightwell has acquired Leveraging Technology LLC, a Rochester-based IT consultancy. The transaction represents a significant opportunity to address the heightened demand for advanced integration and architecture expertise, while enabling the Dublin company to create greater strategic value for its customers....

By Jayne Gest

August 26, 2019

RDX to buy Navisite

Charter Communications Inc., which owns the Spectrum Enterprise brands, has agreed to divest Navisite LLC, a leading provider of managed cloud services, to RDX. RDX, which is part of the Chicago-based Madison Dearborn Partners investment portfolio and headquartered in Warrendale, Pennsylvania, will own and operate the assets including client relationships, employees dedicated to supporting the Navisite business, fixed assets, leases and Navisite-operated facilities....

By Jayne Gest

August 23, 2019

Park Place's Entuity Deal Marks Shifting Strategy

On his way to shifting Park Place Technologies' M&A strategy with a tricky deal to buy Britain's Entuity, Chris Adams takes a lesson from Microsoft’s Satya Nadella...

By Mark Scott

June 25, 2019

Anexinet bought by Mill Point Capital

Anexinet’s management team, including CEO Todd Pittman, will continue to lead the company....

By Adam Burroughs

April 12, 2019

Nuspire to merge with Denver-based GBprotect

Nuspire is acquiring Denver’s GBprotect in a move intended to help both managed security services companies better respond to today’s evolving threat landscape....

By Mark Scott

April 2, 2019

Park Place now largest TPM in Europe with MCSA buy

Park Place Technologies has acquired MCSA Group Limited, a UK-based business-critical IT services and solutions provider, snagging all of MCSA's business to become the largest third-party maintenance provider in Europe....

By Adam Burroughs

February 27, 2019

RDX acquires ClearDB in second February deal for cloud services firm

Managed database and cloud services provider RDX has acquired ClearDB as part of an aggressive strategic expansion of the RDX service portfolio....

By Adam Burroughs

December 13, 2018

Park Place continues to expand global position with CMG-Nicsa deal

Park Place Technologies is closing out 2018 with its fourth acquisition of the year by picking up CMG-Nicsa's Latin American operations....

By Adam Burroughs

June 1, 2018

Cleveland’s SoundCom Systems absorbed by AMETEK

SoundCom has been a value-added reseller for AMETEK Rauland's mission-critical health care communication workflow solutions in Ohio and Michigan....

By Adam Burroughs

December 8, 2017

Evolution sells firm to Align

Cleveland-based Evolution Capital Partners sold Indianapolis-based Lewellyn Technology LLC to fellow Clevelanders Align Capital Partners. Terms were not disclosed. Lewellyn, which provides electrical...

By Adam Burroughs

November 30, 2017

1 team, 6 deals, 12 months

An in-depth look at how Park Place Technologies' Chris Adams provided his M&A SWAT team with the tools it needed to complete six acquisitions in 12 months....

By Mark Scott