PR91676

CLEVELAND and NORWELL, Mass., Sept. 15, 2021 /PRNewswire=KYODO JBN/ --

-- New assets will enhance Park Place's Professional Services globally and

expand offerings for enterprise customers

Park Place Technologies, a global IT infrastructure services and solutions

provider, announced the acquisition of specific assets of Congruity360.

Norwell, Massachusetts-based Congruity360 provides global, vendor-agnostic, IT

Management services.

Logo - https://mma.prnewswire.com/media/512023/Park_Place_Technologies_Logo.jpg

Park Place will acquire Congruity360's third-party maintenance business, data

migration services businesses and new hardware sales offerings. Congruity360

will maintain ownership of its information governance and software business.

"When we acquired Curvature late last year, it greatly strengthened Park

Place's hardware maintenance and professional services capabilities.  The

Curvature acquisition created a significant and meaningful competitor to OEM

data center maintenance.  Additionally, it greatly enhanced our professional

services capabilities.  Congruity360 mirrors that model with a nice slate of

maintenance clients and a dynamic and growing data migration business that will

add another layer to our professional services capabilities," said Chris Adams,

Park Place President and CEO.

Gartner reports that because data migration projects can involve multiple

systems and are time-consuming, nearly 50 percent of all such projects will

exceed budget or be detrimental to the business. Park Place's Professional

Services solutions will incorporate Congruity360's data migration practice to

efficiently and cost-effectively consult, manage and carry out the largest and

most complex data migrations, regardless of OEM and VAR.

"The Congruity360 team understands data, understands workflow, and understands

compliance and security," said Brian Davidson, Congruity360 CEO. "We are

experts in moving petabytes of storage data for Fortune 500 companies. We help

plan and strategize for moves involving Cloud, on-prem and hybrid storage

platforms, meeting the biggest challenges that CIOs and CEOs face when

migrating data today. We own the process from end to end; we can augment

internal teams or provide knowledge transfer for new infrastructure in the

environment with unmatched speed and efficiency."

This is Park Place's second acquisition in 2021 and 18th acquisition since 2016.

ABOUT PARK PLACE

Park Place Technologies is a global IT infrastructure and solutions provider

with a unique portfolio (of resources and services) designed to streamline the

monitoring and management of digital environments.

Our DMSO (Discover, Monitor, Support & Optimize) approach increases

infrastructure visibility and control by integrating IT management at the

hardware, network, OS, and application levels.  Park Place's industry-leading

and award-winning services include Park Place Hardware Maintenance(TM), Park

Place Professional Services(TM), ParkView Managed Services(TM), Entuity(TM)

software and Curvature Hardware sales.

For more information, visit www.parkplacetechnologies.com. Park Place is a

portfolio company of Charlesbank Capital Partners and GTCR.

MEDIA CONTACTS

Park Place Technologies Contacts:

Jennifer Deutsch, Chief Marketing Officer

jdeutsch@parkplacetechnologies.com

+1 440-991-3105

Michael Miller, Global Content and Communications Manager

mmiller@parkplacetechnologies.com

+1 440-683-9426

SOURCE: Park Place Technologies