Park Place Technologies acquires UK-based CSI

Park Place Technologies has acquired CSI Ltd, a UK-headquartered IT Managed Services Provider (MSP) specialising in hybrid multi-cloud solutions for legacy IBM systems.

  • Wednesday, 7th May 2025 Posted 7 months ago in by Phil Alsop

Founded in 1983, CSI serves medium-to-large enterprises in highly regulated industries such as financial services, manufacturing and retail, helping organisations modernise and evolve their systems, applications, processes, and underlying IT architectures. Park Place will offer CSI’s comprehensive portfolio of services, including Hybrid Cloud Services, Backup as a Service, Disaster Recovery and Cybersecurity. This technical expertise spans IBM Power Systems, storage solutions, and software, providing secure, modernised compute and storage infrastructure management.

CSI’s customer experience approach mirrors Park Place’s in offering a flexible, secure, and strategically sound path to modernisation for organisations navigating digital transformation.

The acquisition is one of the most significant in Park Place’s 34-year history, second only to its 2020 acquisition of Curvature, Inc.

“This is an exciting time for Park Place Technologies,” said Chris Adams, President and CEO, Park Place Technologies. “CSI Ltd. brings exceptional talent, deep hybrid cloud expertise, and a stellar reputation for service excellence. By joining forces, we’re unlocking new possibilities for our customers around the world, delivering smarter, more agile IT solutions that power transformation. This acquisition not only expands our capabilities - it accelerates our vision of becoming the world’s most comprehensive, customer-focused IT lifecycle partner. We welcome CSI to the Park Place family and look forward to all we’ll accomplish together.”

“As our clients accelerate their digital transformation journeys and embrace hybrid cloud solutions, CSI’s role as a mission-critical partner has never been more vital,” said Alan Watkins, Chairman of CSI Ltd. “The opportunity to expand our reach and deliver even greater value—faster and at scale—is a significant and exciting step forward.”

“Through our discussions with Park Place, it quickly became clear that we share a common vision and an unwavering commitment to service excellence. Joining the Park Place Technologies family is a natural next step—and one that brings exciting benefits to our clients, employees, and partners alike.”

The acquisition positions Park Place to better serve enterprise customers across the globe, especially those with complex IBM infrastructures requiring high-touch, customised service. CSI will benefit from Park Place’s global scale, extensive engineering resources, and customer-first philosophy, accelerating its ability to deliver innovation and value to clients. 

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