Iron Mountain (IRM) Closes Regency Buyout, Boosts ALM Business
Iron Mountain(IRM) Zacks Investment Research·2024-01-11 22:47
Iron Mountain (IRM) recently closed the earlier announced acquisition of Regency Technologies, a leading provider of IT asset disposition services in the United States, for an initial purchase price of $200 million. The buyout boosts its IT Asset Lifecycle Management (“ALM”) business.The combined platform further enhances IRM’s extensive logistics network and establishes a market-leading position in the IT asset disposition customer solutions. With the volume of e-waste continuing to rise, the move is expec ...