Iron Mountain Acquire DocuVault

Month Date, 2008: Records management firm, Iron Mountain has announced the acquisition of Denver-based DocuVault.

Iron Mountain has announced the acquisition of DocuVault, a records management and information destruction company. The deal boosts Iron Mountain’s presence in Colorado where DocuVault has a prominent presence.

"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, executive vice president of corporate development, Iron Mountain.

Kenny explains that Iron Mountain views acquisitions as an important component of the overall growth strategy, “we will continue to seek out opportunities that enhance existing operations or expand our geographical footprint and service portfolio," he said.

With this acquisition Iron Mountain has acquired the largest privately owned records management company in the state of Colorado. The financial terms of the deal have not been disclosed.

Comment on this story.