Private equity firm GTCR is acquiring network equipment service provider Park Place Technologies from WestView Capital for an undisclosed amount.

Park Place, based in Cleveland, Ohio, and founded in 1991, provides data maintenance for storage, server and networking equipment to more than 5,000 companies worldwide, including Cisco Systems Inc. (Nasdaq: CSCO) and IBM (NYSE: IBM). WestView, located in Boston, Massachusetts, invested in Park Place in 2012.

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