Iron Mountain Acquires Regency Technologies
November 2, 2023
Iron Mountain completed the acquisition of Regency Technologies, a U.S. IT asset disposition (ITAD) and electronics recycling provider, for an initial purchase price of $200 million (approximately $125 million at close, remainder due in 2025) plus a potential performance-based earn-out. The deal expands Iron Mountain’s asset lifecycle management platform with eight additional U.S. locations and strengthens its IT asset remarketing and recycling capabilities, adding a business with trailing four-quarter revenues in excess of $100 million.
- Buyers
- Iron Mountain Incorporated
- Targets
- Regency Technologies
- Industry
- IT Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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