Park Place Technologies Acquires SDV Solutions
March 26, 2024
Park Place Technologies has acquired SDV Solutions, a Virginia-based, Service-Disabled Veteran–owned provider of data center hardware maintenance, managed services and professional services to U.S. Federal Government agencies. The founding owners Mike and Erin McMahan will remain involved to ensure continuity; Agile Equity provided exclusive investment banking services to SDV Solutions. The acquisition expands Park Place's federal capabilities and depth of security-cleared field engineers while leveraging Park Place's broader service and supply-chain platforms.
- Buyers
- Park Place Technologies
- Targets
- SDV Solutions
- Sellers
- Mike McMahan, Erin McMahan
- Platforms
- Park Place Technologies
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Addon
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