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Access Acquires Document Management Assets from Iron Mountain

Practices: Private Equity, Finance, Real Estate Investments & Transactions, Tax, Labor & Employment

Ropes & Gray advised Access in connection with its acquisition of document management assets from Iron Mountain in 13 U.S. metropolitan areas. These are locations that had been operated by Recall Holdings Limited until Recall was acquired by Iron Mountain.

As part of Iron Mountain’s acquisition of Recall, the Department of Justice antitrust division’s review identified 15 metropolitan areas where Iron Mountain was required to divest Recall’s document management operations, given they were two of the three largest providers of document management services. After review, the antitrust division approved Access as the buyer of 13 of the 15 geographies.

Founded in 2004, Access is recognized as one of the fastest growing and most dynamic companies in the records management industry offering extensive paper and digital document services. Access’ clients span multiple industries, and over 60 U.S. markets and in Latin America and the Caribbean.

The Ropes & Gray team included private equity partner Taylor Hart (Boston); real estate & environmental partner Peter Alpert (Boston); tax partner Leo Arnaboldi (New York); labor & employment partner Megan Bisk (Boston); and business & securities litigation partner Jane Willis (Boston).

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