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0.000486453449453882 0.000486453449453882 0.000486453449453882 0.000625044175794091 -0.000137204819076564 0.00533712887135882 0.00561431032403904 0.00772781890072619
Stock impact report

Service Express and Park Place to Merge with a Shared Focus on Growth and Customer Service [Yahoo! Finance]

Moelis & Company Class A (MC) 
Last moelis & company class a earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: moelis.com
Company Research Source: Yahoo! Finance
GRAND RAPIDS, Mich. and CLEVELAND Sept. 10, 2025 /PRNewswire/ -- Warburg Pincus, together with a significant minority investment by Temasek, has signed a definitive agreement to make a majority investment in Park Place Technologies (" Park Place "), a global provider of data center services. After the transaction closes, Park Place and Service Express, an existing Warburg Pincus portfolio company, will merge to create a global data center services company with over 3,000 employees and over 25,000 customers across North America Europe Asia and South America . Charlesbank Capital Partners and GTCR, which have jointly supported Park Place's growth since 2019, will exit their investment as part of this transaction. This combination will enable both companies to better serve their customers in a highly competitive space and in a time of rapid technological change by deepening proficiency across traditional, cloud and AI-accelerated hardware. Expanded geographic coverage and a broader ra Show less Read more
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