Park Place Technologies has announced its acquisition of Unitech’s third-party maintenance (TPM) business.

Park Place will add nearly 20,000 Unitech assets to its services in Brazil, bolstering the company’s position as one of Brazil’s largest TPM providers.

Unitech owner Ramon Hasky said the company’s partnership with Park Place “gives us confidence in how our clients will now be served. Park Place is a global company with a strong Latin American presence that offers more scale and an innovative IT lifecycle portfolio. Our customers will benefit from these added Managed Services and Professional Services offerings.”

“Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency. We share customer service strategies, and have a native understanding of the Brazil TPM market,” he said.

Unitech will continue to operate its hardware, software and related professional services sales independently.

“We are committed to delivering a great experience to all our customers worldwide,” added Chris Adams, Park Place Technologies President and CEO.

“We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners.”