Iron Mountain Acquires ITRenew from ZMC

December 10, 2021

Iron Mountain entered into a definitive agreement to acquire ITRenew, a mission-critical IT asset disposition provider serving hyperscalers. The deal calls for Iron Mountain to buy 80% of ITRenew at closing and the remaining 20% over the following three years, with ZMC exiting its position.

Buyers
Iron Mountain Incorporated
Targets
ITRenew Inc.
Sellers
ZMC
Industry
IT Services
Location
United States
Transaction Type
Buyout

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