Iron Mountain Acquires Information Storage Companies in Fredericksburg VA, Columbia SC and Philadelphia PA. K-2 Partners acted as exclusive advisor to the sellers of Document Systems, Inc of Columbia.
Boston – May 8, 2012 – Information management services company Iron Mountain Incorporated (NYSE: IRM) has expanded its customer base and increased the company’s coverage area by acquiring records storage firms File House Offsite Record Storage in Fredericksburg, Va., and Document Systems Inc. in Columbia, S.C. and offsite data protection provider First National Safe Deposit in the Philadelphia area. Terms of the deals were not disclosed.
“We welcome the customers of File House Offsite Record Storage, Document Systems and First National Safe Deposit and are committed to providing them secure storage and reliable service,” said Harry Ebbighausen, president of North America for Iron Mountain. “Acquisitions are a key component of our overall strategy to drive growth and returns on invested capital, and we will continue to seek opportunities that enhance existing operations or expand our service footprint.”
File House Offsite Record Storage has provided document storage to customers in the Fredericksburg, Va. area since 2005.
Document Systems has offered document storage and scanning since 1992 to customers in central and coastal South Carolina.
First National Safe Deposit provides secure storage of magnetic back-up tapes, helping customers in the Greater Philadelphia area since the early 1980s to ensure they can recover from data loss.