M&A Deal Summary

Cornerstone Records Management Acquires PageFile

On April 22, 2010, Cornerstone Records Management acquired information technology company PageFile

Acquisition Highlights
  • This is Cornerstone Records Management’s 2nd transaction in the Information Technology sector.
  • This is Cornerstone Records Management’s 2nd transaction in the United States.
  • This is Cornerstone Records Management’s 1st transaction in California.

M&A Deal Summary

Date 2010-04-22
Target PageFile
Sector Information Technology
Buyer(s) Cornerstone Records Management
Deal Type Add-on Acquisition

Target

PageFile

Long Beach, California, United States
PageFile, Inc. (MasterFiles) is a provider of file storage and management company.

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Buyer(S) 1

Buyer

Cornerstone Records Management

Aurora, Colorado, United States

Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Cornerstone Records Management LLC is a provider of secure document storage, document destruction, media vaulting, online backup, imaging, and services to the smallest and largest business, legal, medical, accounting, financial, and real estate organizations.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-18 NOVA Records Management

Berwyn, Pennsylvania, United States

Nova provides storage services for all major media, as well as on-site records management programs, to companies located throughout the Northeastern United States. NOVA also provides data management, certified destruction services, imaging, offsite data protection, digital archiving, and compliance solutions for its customers.

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