Iron Mountain Expands In Colorado Through Acquisition

Iron Mountain Incorporated, the global leader in information protection and storage services, recently announced it acquired DocuVault Group, LLLP, a Denver-based records management and information destruction company that provides area businesses with records storage, secure shredding and data backup services. The move bolsters Iron Mountain's existing presence in Denver and Colorado Springs. Financial terms of the deal were not disclosed.

"Buying a strong local-market performer like DocuVault improves our leadership position in a particular region and our ability to serve companies there," said John Kenny, Iron Mountain's executive vice president of corporate development. "We view acquisitions as an important component of our overall growth strategy, and we will continue to seek out opportunities that enhance existing operations or expand our geographical footprint and service portfolio."

In DocuVault, Iron Mountain acquires the largest privately owned records management and information destruction company in Colorado and one that Inc. magazine named among the fastest-growing, inner-city businesses in the country in 2004, 2005 and 2006. Iron Mountain also gains two records storage facilities and a secure shredding plant, increasing the company's capacity for storing and destroying records in Colorado.

About Iron Mountain
Iron Mountain Incorporated helps organizations around the world reduce the costs and risks associated with information protection and storage. The Company offers comprehensive records management, data protection, and information destruction solutions along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin America and the Pacific Rim.

SOURCE: Iron Mountain Incorporated