Park Place President: We'll Acquire More Companies
Submitted by Rick Saia on
What does this acquisition do compared to others that you most recently executed such as Ardent and Com-Com?
For us, scale is critical. The more scale [a company has] in the service business, the more revenue you have and the more talent you can invest in. And from my perspective, you can never invest in enough talent. So we'll continue to look for acquisitions like this, but add revenue and any other kind of strategic benefit …. In this particular situation, it's not just revenue, it's strategic revenue and then it's in a newer market. The U.K. is much newer than the U.S. for us. I think, in general, we'll continue to look for opportunities like this that add to our European operation.