M&A Deal Summary

Iron Mountain Acquires Regency Technologies

On November 2, 2023, Iron Mountain acquired information technology company Regency Technologies

Acquisition Highlights
  • This is Iron Mountain’s 12th transaction in the Information Technology sector.
  • This is Iron Mountain’s 19th transaction in the United States.
  • This is Iron Mountain’s 1st transaction in Ohio.

M&A Deal Summary
Date 2023-11-02
Target Regency Technologies
Sector Information Technology
Buyer(s) Iron Mountain
Deal Type Add-on Acquisition

Target

Regency Technologies

Stow, Ohio, United States
Regency Technologies is an IT asset disposition (ITAD) service provider that currently processes over 50,000 metric tons of material annually, reselling more than 2,000,000 units across eight locations spanning the United States. It adheres to the environmental protocols of e-Stewards, RIOS, NAID as well as ISO 14001 across its footprint. Regency Technologies is based in Stow, Ohio.

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Buyer(S) 1

Buyer

Iron Mountain

Boston, Massachusetts, United States
Category Company
Sector Business Services
Employees26,000
Revenue 5.5B USD (2023)
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 STATS #
Overall 32 of 32
Sector (Information Technology) 12 of 12
Type (Add-on Acquisition) 25 of 25
State (Ohio) 1 of 1
Country (United States) 19 of 19
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-10 ITRenew

Newark, California, United States

ITRenew is a provider of IT lifecycle management services, including data center decommissioning, data erasure and security services. The Company’s technology-driven approach streamlines traditional data center decommissioning processes to deliver superior data and asset security, value recovery and IT sustainability. ITRenew was founded in 2000 and is based in Newark, California.

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