Welcomes storage, scanning and destruction customers across Mich.,
Fla. and Texas
BOSTON--(BUSINESS WIRE)--May. 14, 2013--
Iron Mountain (NYSE: IRM) announced today it has acquired three records
management businesses owned by Carrollton, Texas-based Information
Storage Consolidation Company (ISCC). Iron Mountain will assume
responsibility for serving the nearly 1,000 customers of Safe Records
Center in Lansing, Mich., Archives USA in Dallas and The Document Bank
in Miramar, Fla.
“Our customers are in good hands with Iron Mountain,” said ISCC CEO and
industry veteran
Ron Harper
. “We and our majority shareholder Graycliff
Partners were very impressed with the professionalism of the Iron
Mountain team throughout this process, and we’re confident they’ll
provide our customers with secure storage, attentive service and expert
advice.”
With the purchase of ISCC, Iron Mountain, a storage and information
management company, establishes a presence in Lansing, Mich. and
strengthens its existing operations in Dallas and across southeast
Florida. The acquisition also adds mid-sized organizations to Iron
Mountain’s customer roster and grows the firm’s storage rental revenue.
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Safe Records Center has offered both storage and document destruction
to businesses throughout Michigan since it formed in 1990.
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Founded in 1988, Archives USA provides customers in Dallas and Tyler,
Texas with secure storage for their documents and backup tapes and
offers destruction services.
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The Document Bank opened in 1990 and is based in Miramar, Fla.,
handling document storage for businesses in Dade, Broward and Palm
Beach counties.
Harold Ebbighausen
, president of Iron Mountain, North America said: “We
welcome the customers of these businesses and look forward to serving
them.
“One of our strategies for sustaining the durability of our storage
business in North America is to acquire strong companies like ISCC that
grow our business and increase our storage rental revenue,” added
Ebbighausen. “Acquiring companies in mature markets allows us to add
customers, support attractive returns and deliver value to our
investors.”
About Iron Mountain Incorporated
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage
and information management services. The company’s real estate network
of over 64 million square feet across more than 1,000 facilities in 35
countries allows it to serve customers around the world. And its
solutions for records
management, data
backup and recovery, document
management and secure
shredding help organizations to lower storage costs, comply with
regulations, recover from disaster and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including business documents, backup tapes,
electronic files and medical data. Visit www.ironmountain.com
for more information.
Source: Iron Mountain Incorporated
Media Contacts:
Iron Mountain
Dan
O’Neill, 617-535-2966
dan.oneill@ironmountain.com
or
Weber
Shandwick
Katie Traut, 617-520-7135
ktraut@webershandwick.com