Add-on Acquisition • Information Technology

Iron Mountain Acquires Lane Archive Technologies

On January 1, 2019, Iron Mountain acquired information technology company Lane Archive Technologies

Acquisition Context
  • This is Iron Mountain’s 10th transaction in the Information Technology sector.
  • This is Iron Mountain’s 1st transaction in Philippines.

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M&A Deal Summary

Date January 1, 2019
Target Lane Archive Technologies
Sector Information Technology
Buyer(s) Iron Mountain
Deal Type Add-on Acquisition

Target Company

Lane Archive Technologies

Pasig City, Philippines
Lane Archive Technologies Ltd. is a provider of records and data management services, along with document management and secure destruction, to its customer base throughout the Philippines. Lane Archive Technologies was founded in 1987 and is based in Pasig City, Philippines.
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Buyer Overview 1

Buyer

Iron Mountain

Boston, Massachusetts, United States

Category Company
Sector Business Services
Employees28,850
Revenue 6.2B USD (2024)
DESCRIPTION

Iron Mountain is a provider of storage and information management services. The Company provides a variety of solutions for records management, data management, document management, and secure shredding to help organizations lower storage costs, comply with regulations, and recover from disaster. Iron Mountain is based in Boston, Massachusetts.


Deal Context for Buyer #
Overall 29 of 32
Sector: Information Technology 10 of 12
Type: Add-on Acquisition 24 of 25
Country: Philippines 1 of 1
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 Iron Mountain - Fulfillment Services Unit

Boston, Massachusetts, United States

Iron Mountain, Inc. - Fulfillment Services Unit locations give Amware 15 total fulfillment centers spanning every region of the U.S., enabling two-day delivery to 98% of the country.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Suppla SA - Business Process Outsourcing Unit

Bogota, Colombia

Suppla SA - Business Process Outsourcing Unit is a provider of records management and data governance offerings for regulated industries including healthcare and social services, financial services, government, education, communications, and information technology sectors.

Buy -