About Park Place Technologies
Park Place Technologies is a company based in Cleveland (United States) founded in 1991 was acquired by Charlesbank Capital Partners in July 2019. The company has 34 employees as of April 07, 2024. Park Place Technologies has completed 20 acquisitions, including Ardent Support, CHE Consulting and CSI Ltd. Park Place Technologies operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Cleveland, United States
- Employees 34 as on 07 Apr, 2024
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Park Place Technologies India Private Limited
- Date of Incorporation 25 Sep, 2019
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$2.31 M (USD)55.48as on Mar 31, 2023
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Net Profit
-$168.53 K (USD)-63.54as on Mar 31, 2023
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EBITDA
-$49.7 K (USD)-204.95as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Abacus Finance
& 3 more
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Employee Count
34
as on Apr 07, 2024
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Investments & Acquisitions
Ardent Support
& 19 more
- Acquired by
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People of Park Place Technologies
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Funding Insights of Park Place Technologies
Investors in Park Place Technologies
Park Place Technologies has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Abacus Finance, WestView Capital Partners and GTCR Chicago Private Equity Firm.
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Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
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WestView Capital is focused on growth-oriented company investments.
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Private equity investments and firm management in Chicago.
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Investor details for Park Place Technologies
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Investments & Acquisitions by Park Place Technologies
Park Place Technologies has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include Ardent Support, CHE Consulting and CSI Ltd.
Investment portfolio details for Park Place Technologies
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Data center services are provided in the IT sector.
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IT support, virtualization, and related services are provided.
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IT consulting services are provided to various clients.
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Complete acquisition details for Park Place Technologies
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Financial Statements - Park Place Technologies
Detailed financials for Park Place Technologies
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Park Place Technologies Comparisons
Peer comparison for Park Place Technologies
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Competitors of Park Place Technologies
Park Place Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Park Place Technologies
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Latest news on Park Place Technologies
Complete news archive for Park Place Technologies
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Frequently Asked Questions about Park Place Technologies
Park Place Technologies was founded in 1991 and raised its 1st funding round 21 years after it was founded.
Park Place Technologies is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
As of Apr 07, 2024, the latest employee count at Park Place Technologies is 34.
Annual revenue of Park Place Technologies is $2.31M as on Mar 31, 2023.
Park Place Technologies was founded in 1991 and is headquartered in Cleveland, United States. Operations focus on the IT services sector, where third-party maintenance for data center infrastructure is delivered. Support services encompass hardware maintenance, monitoring, and lifecycle management for servers, storage, and networking equipment. Coverage extends to global clients through a network of service centers, ensuring reliability for enterprise environments.
Park Place Technologies's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Park Place Technologies has made 20 acquisitions, including Ardent Support, CHE Consulting, and CSI Ltd.
Park Place Technologies has 4 investors. Key investors include Abacus Finance, WestView Capital Partners, GTCR Chicago Private Equity Firm, and Charlesbank Capital Partners.