Iron Mountain Purchases DocuVault

Iron Mountain Incorporated announced it acquired the DocuVault companies, a Denver-based records management and information destruction business that provides records storage, secure shredding and data backup services. The move bolsters Iron Mountain’s existing presence in Denver and Colorado Springs. Financial terms of the deal were not disclosed.

"Buying a strong local-market performer like DocuVault improves our leadership position in a particular region and our ability to serve companies there," said John Kenny, Iron Mountain’s executive vice president of corporate development. "We view acquisitions as an important component of our overall growth strategy, and we will continue to seek out opportunities that enhance existing operations or expand our geographical footprint and service portfolio."

In DocuVault, Iron Mountain acquires the largest privately owned records management and information destruction company in Colorado and one that Inc. magazine named among the fastest-growing, inner-city businesses in the country for five consecutive years since 2004. Iron Mountain also gains two records storage facilities and a secure shredding plant, increasing the company’s capacity for storing and destroying records in Colorado.