M&A Deal Summary

Iron Mountain Acquires Safesite Records Management

On February 20, 1997, Iron Mountain acquired information technology company Safesite Records Management

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

M&A Deal Summary
Date 1997-02-20
Target Safesite Records Management
Sector Information Technology
Buyer(s) Iron Mountain
Deal Type Merger

Target

Safesite Records Management

Chantilly, Vermont, United States
Safesite is believed to be the nation's fourth largest records management company with operations in 14 U.S. markets.

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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 1 of 32
Sector (Information Technology) 1 of 12
Type (Merger) 1 of 2
State (Vermont) 1 of 1
Country (United States) 1 of 19
Year (1997) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-04 Data Securities International

Irving, Texas, United States

Data Securities International, Inc. (DSI), which was the leading provider of professionally-managed software escrow services in the U.S.

Buy $18M
Mergr

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