McCann FitzGerald LLP
McCann FitzGerald LLP advises Warburg Pincus LLC in its majority investment in Park Place Technologies
We are delighted to have advised Warburg Pincus LLC and its portfolio company Service Express Inc in taking a majority stake in Park Place Technologies, a global provider of data centre services
McCann FitzGerald LLP acted as Irish counsel for Warburg Pincus who, alongside a significant minority investment by Temasek, signed a definitive agreement to take a majority stake in Park place Technologies, seeing Capital Partners and GTCR exit their investments first made in 2019. After the transaction closing, which is subject to regulatory approvals, Warburg Pincus’ portfolio company Service Express Inc will merge with Park Place. The merged entity will have 3,000 employees and aim to increase the range and reliability of its IT infrastructure management and servicing offering to its 25,000 global customers.
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