Iron Mountain $1.32 billion acquisition of IO Data Centers' US operations

11/12/2017
Asset acquisition

$ 1.32 billion

Announced

11/12/2017


Overview:

  • Data management company Iron Mountain has acquired IO Data Centers' US operations for $1.32 billion.
  • The land and building associated with the operations will also be acquired.
  • The centers are spread out between Arizona, New Jersey and Ohio.
  • Ardea Partners, Evercore, Centerview Partners, Barclays and JP Morgan provided financial advice to Iron Mountain, while Goldman Sachs has acted for IO Data.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Financial services


Firms:

Party: Iron Mountain (Acquirer)


Party: IO Data (Target)


Party: Iron Mountain (Acquirer)