Park Place Technologies Acquires Riverstone Technology

June 21, 2022

Park Place Technologies has acquired Riverstone Technology, an Atlanta-based third-party maintenance and support provider founded in 2016. The deal expands Park Place's third-party maintenance and managed services capabilities—bringing Riverstone’s ~475-client global base, automated monitoring and managed services offerings into Park Place’s portfolio (Park Place is PE-backed by Charlesbank Capital Partners and GTCR).

Buyers
Park Place Technologies
Targets
Riverstone Technology
Industry
IT Services
Location
Georgia, United States
Transaction Type
Buyout

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