Transaction follows Iron Mountain Incorporated’s acquisition of Recall Holdings Limited and subsequent divestiture judgment
Livermore, CA, May 5, 2016 – Rob Alston, CEO of Access, has announced the company’s acquisition of document management assets from Iron Mountain in 13 U.S. geographies. These are locations that had been operated by Recall until that company’s acquisition by Iron Mountain on May 1, 2016.
As part of Iron Mountain’s acquisition of Recall, the Department of Justice’s Antitrust Division’s review identified 15 metropolitan areas where Iron Mountain was required to divest Recall’s document management operations given they were two of the three largest providers of document management services. After review, the Division approved Access as the buyer for 13 of the 15 geographies.
This transaction is the 100th for Access and represents the company’s entrance into the new metropolitan areas of Pittsburgh, Detroit, Charlotte, San Antonio, Kansas City, Nashville, Raleigh, Durham, Richmond, Greenville-Spartanburg, Buffalo, Tulsa and San Diego. Closing took place on May 4, 2016.
Founded in 2004, Access is recognized as one of the fastest growing and most dynamic companies in the records management industry offering extensive paper and digital document services. The company’s footprint across the United States continues to spread as does its Latin America presence.
“We are excited to announce this broad expansion of our business,” said Rob Alston. “By adding 13 new geographies to the 47 we already serve, we are now in a position to meet more of our clients’ needs in perhaps all of the cities in which they do business. The more than 2,500 clients we have added as a result of this acquisition will continue to rely on the more than 120 former-Recall Team Members joining us, now led and supported by the Access Leadership Team. With our comprehensive solutions and trademark ‘very best service’ offered to them, I am confident these new clients will be very pleased with their transition to Access.”
John Chendo, Access President, added “This clearly represents another major step forward for Access. We will again be taking advantage of this opportunity to fuel ongoing growth over the long term. As a part of that effort we will continue to search for and identify strategic acquisition opportunities with select records and information management service providers here in the U.S. and internationally.”
Ropes & Gray LLP and Jones Waldo Holbrook & McDonough, PC served as legal counsel to Access.
About Access (InformationProtected.com)
Access is the largest privately held records and information management (RIM) services provider in the United States and Latin America. A trusted partner to clients spanning multiple industries and markets throughout the country, Access’ complete suite of services includes records storage and document management in both hard copy and digital formats, data protection (electronic computer media), secure destruction, digital document conversion and breach reporting services. The valuable business services Access provides allow clients to focus on their core businesses while reducing the costs and risks associated with document retention, management, convenient access, and final disposition. Access is backed by growth equity investor Berkshire Partners.
For additional information, visit www.InformationProtected.com.