Park Place Technologies Ranks No. 183 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies
February 28, 2023
CLEVELAND, February 28, 2023 – Inc. Magazine today revealed that Park Place Technologies the leading global data center and networking optimization firm, is No. 183 on its third annual Inc. 5000 Regionals: Midwest list, a ranking of the fastest-growing Midwest private companies (based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin). Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment–its independent small businesses.
“As an organization with deep roots in Cleveland, and the greater Midwest region, this award is indicative of the great investment our employees and clients have made during our 32 years in business,” said Chris Adams, Park Place Technologies President and CEO. “It is a testament to our commitment to Ohio and the Midwest for Park Place Technologies to have been recognized by Inc. Magazine for its Inc. 5000 Regionals Midwest list.”
The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2019 and 2021, these private companies had an average growth rate of 535 percent and, in 2021 alone, they added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy. Companies based in the Chicago, Illinois, Noblesville, Indiana, Kansas, and Overland Park areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/midwest starting February 28, 2023.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
About Park Place Technologies
Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our global Enterprise Operations Centers, we help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster.
From procurement to decommission, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.
Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.
Park Place Technologies Media Contacts
Jennifer Deutsch | Chief Marketing Officer
Main 877-778-8707 | Direct 440-991-3105
Michael Miller | Director of Global Communications
Main 877-778-8707 | Direct 440-991-5509
More about the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.