BUSINESS OVERVIEW

Prestige Systems Ltd (Prestige), an IT infrastructure specialist based in Bromsgrove has been sold to US-headquartered Park Place Technologies (Park Place) for an undisclosed strategic price.

Prestige Systems Ltd (Prestige) is an IT infrastructural specialist based in Bromsgrove. With over 28 years’ experience in providing IT solutions and expertise in the data center industry, Prestige provide services including full project life cycle management from design and implementation through to support and management. Prestige has great success assisting clients to consolidate core data center storage with the highest levels of accreditation with HP, Dell, Oracle, just to name a few.

Established in 1991, Park Place Technologies provided an alternative to post warranty storage, server and networking hardware maintenance for IT data centers. Supporting more than 45,000 data centers in over 100 countries around the world, Park Place Technologies consistently deliver an exceptional customer experience, superior service and an operational advantage to businesses ranging from government, higher education and healthcare institutions to cloud service providers, SMB and Fortune 500 companies

The Orbis Team supported the process from start to finish with enthusiasm, professionalism and focus. Their knowledge of the IT sector and experience working with similar businesses ensured we found a strategic buyer and has helped to deliver an excellent outcome for us.

James Coyle, Co-founder

OUR ROLE

Specifically, Orbis:

  • With our knowledge of the IT sector and experience working with similar businesses, this ensured that we found a strategic buyer for Prestige who valued and recognised their business.
  • Orbis also knew the value that Park Place would gain by acquiring Prestige as the experience Prestige holds will complement Park Place’s world class support model as they can
  • Possibility to expand their growing client base throughout the UK, Europe and more.

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