In one of the most significant acquisitions in the UK channel this year, CSA has been acquired by third-party maintenance outfit Park Place Technologies
MCSA founder and chairman Roger Timms said: “We are excited to join the Park Place Technologies family as we combine our enterprise expertise and service capabilities to support customers worldwide. This is an excellent fit and builds on the service excellence and customer support which is at the heart of both companies. This is the right move for MCSA, the staff, and for me.”
The Buckinghamshire-based support firm counts Huawei, Hewlett Packard Enterprise and Fujitsu among its vendor partners and had sales of £39.4 million for the year ending 31 March 2018 – a 25 percent drop on the previous year, which it attributed to a shift away from a low-margin business. It reported an 18 percent drop during the last year for the same reason. Operating profit for its final year, however, increased to £1 million, from a £1.8 million loss in the previous year.
Park Place’s was in a buying frenzy last year and bought businesses in Ireland, Latin America, Singapore and the US. The deal in Ireland saw it buy IBM software support firm Origina Technology Services.
Park Place CEO Chris Adams said: “MCSA’s heritage of providing end-to-end IT services and solutions makes them a welcome addition to the Park Place Technologies family. MCSA’s depth of experience supporting the datacentre infrastructure of customers is highly regarded.
“With this acquisition of MCSA, Park Place will be the largest TPM in Europe. We look forward to welcoming MCSA’s customers and bringing our award-winning proactive maintenance services and support to MCSA’s customers while expanding our ability to service current and new customers in the UK.”
