Clairfield advises Xuper Limited on its sale to Park Place Technologies

Xuper, founded nearly 40 years ago, provides IT solutions including third-party maintenance, staff augmentation, and a multilingual support desk, through entities in the UK, US, and Germany.

Park Place Technologies is a global data center and networking optimisation firm with over 21,000 clients globally.

Xuper’s clients will benefit from Park Place’s global access to parts and engineering expertise, as well as its full portfolio of IT lifecycle offerings, including professional and managed services.

Clairfield worked with Xuper to prepare the business for sale and led an international sales process, generating offers from private equity and global IT businesses.

Park Place Technologies will gain access to Xuper’s team of experienced engineers, staff augmentation services and extensive third-party maintenance capabilities. Xuper’s multilingual service team also expands Park Place’s ability to serve clients around the globe.

Xuper chair and managing director, Peter Grogan, announced his retirement with the deal. « It is great to have found an acquiror with the resources and scope to take the Xuper brand to the next level. It was a pleasure working with the Clairfield team who provided excellent advice throughout the process and demonstrated a strong knowledge of the IT managed services sector,” says Peter.

“We are delighted to have assisted Peter in finding a new owner who can take Xuper on to the next phase of its journey. This transaction further demonstrates Clairfield’s ability to source crossborder acquirors in order to achieve the best results for our clients,” says Shah Zaki, partner at Clairfield and deal lead.

Clairfield acted as lead financial advisor to Xuper Limited. The Clairfield team was led by partner Shah Zaki and Nick Wall, associate director, with transaction support provided by executive Meghan Phillips.