ZMC Agrees to Sell ITRenew to Iron Mountain
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Friday, December 10, 2021
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ITRenew Inc. (ITRenew or the Company), a portfolio company of ZMC (ZMC), announced today it has signed a definitive agreement pursuant to which Iron Mountain incorporated (NYSE: IRM) will acquire the Company.
Key Points:
- ITRenew Inc. (ITRenew or the Company), a portfolio company of ZMC (ZMC), announced today it has signed a definitive agreement pursuant to which Iron Mountain incorporated (NYSE: IRM) will acquire the Company.
- The 2017 acquisition of ITRenew by ZMC was the result of a targeted search led by ZMC principals for businesses that would benefit from the explosive growth in hyperscale data centers.
- Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain helps customers CLIMB HIGHER to transform their businesses.
- To learn more about Iron Mountain, please visit: www.IronMountain.com and follow @IronMountain on Twitter and LinkedIn.