Iron Mountain acquires data protection firm

Storage and information management company Iron Mountain Australia has acquired data protection firm Tape Management Services (TMS), growing its presence throughout Australia. With the acquisition, Iron Mountain will assume responsibility for TMS’s significant customer base. Terms of the deal were undisclosed.

Founded in 1997, TMS provides customers with solutions for storing, accessing and managing their media.

“TMS is a strong, privately owned business that delivers trusted and dependable services to organisations throughout Australia,” said Matie van Coller, Iron Mountain’s general manager for data protection services. 

“TMS succeeded in building a blue chip customer base, on the back of their service reputation. Iron Mountain will continue to provide secure, attentive storage services and expert advice.” 

“The acquisition of TMS aligns with our objective for growing our presence in Australia,” said Greg Lever, managing director of Iron Mountain Australia. 

“We have acquired a local storage company to grow our market presence and enhance returns. Overall, our expanding international network not only brings us new business from locally-based customers, it deepens our relationships with multinational accounts, who more frequently are consolidating their records with one storage partner.”