ParkOhio (Supply Technologies) Acquires NYK Component Solutions

Park-Ohio Acquires Southern Fasteners & Charter Automotive (Changzhou)

August 2, 2022

Manufacturing

Park-Ohio Holdings Corp. completed two acquisitions for its Supply Technologies segment: Southern Fasteners & Supply, Inc., a Winston-Salem, North Carolina-based fastener and MRO distributor (approx. $25M revenue), and Charter Automotive (Changzhou) Co. Ltd., a Changzhou, China-based fastener/automotive components manufacturer (approx. $15M revenue). Both transactions are expected to be immediately accretive and to expand Park-Ohio's fastener manufacturing capability and MRO/distribution footprint.

Park Place Technologies Acquires NCE Group Limited

August 8, 2017

IT Services

Park Place Technologies has acquired NCE Group Limited, a UK-based provider of third-party data center maintenance and repair, in what Park Place described as the largest acquisition in the company's history. The deal (terms not disclosed) adds more than 280 employees, expands Park Place's European footprint and broadens its post-warranty hardware maintenance capabilities.

Park Place Technologies Acquires Xuper Limited

October 17, 2023

IT Services

Park Place Technologies has acquired Xuper Limited, a nearly 40-year-old UK-based IT solutions and third-party maintenance provider headquartered in Derby. The deal expands Park Place’s UK and international engineering footprint and services capabilities; Xuper’s chairman Peter Grogan announced his retirement and will support the transition.

Hyde Park Holdings Acquires Derby Supply Chain Solutions

June 14, 2017

Transportation

Derby Supply Chain Solutions, a Louisville-based 3PL founded in 1977, was acquired by Hyde Park Holdings in 2000. Derby operates warehousing, distribution, packaging, assembly and fulfillment services across multiple states and has grown through organic customer growth and strategic acquisitions under Hyde Park's ownership.

SK Capital Acquires Parker Hannifin's North America Composites & Fuel Containment Division (renamed Axillon Aerospace)

July 30, 2024

Aerospace & Defense

SK Capital Partners has signed a definitive agreement to acquire the North America Composites & Fuel Containment (CFC) Division of Parker Hannifin and completed the acquisition, renaming the business Axillon Aerospace. The division is a leading producer of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace, generating about $350 million in annual sales, operating six North American manufacturing sites, and employing ~1,700 people.

Park Place Technologies Completes Merger with Service Express

January 6, 2026

IT Services

Park Place Technologies has completed a merger with Service Express to form a global leader in data center and IT infrastructure services, operating under the Park Place Technologies name with global headquarters in Cleveland, Ohio. The combined company serves more than 20,000 customers, has over 3,000 employees worldwide, and aims to expand capabilities across traditional, cloud, and AI-accelerated environments.