Large bank uses clean start to quickly and securely move forward with m&a activity
Customer Success Stories
When a large financial institution acquired a smaller bank, there were redundancies in office locations, with over 30 branches and regional offices identified as candidates for closure.
![Clean Start Bank](https://edge.sitecorecloud.io/ironmountain-c8dd68e9/media/project/iron-mountain/iron-mountain/images/resources/case-studies/q/quickly-and-securely-move-forward-with-ma-activity.png?h=289&iar=0&w=552&sc_lang=en-ie)
Facing challenges in coordinating the various M&A-driven changes, while also focusing on the security of sensitive information and assets located at impacted locations, the bank turned to Iron Mountain Clean Start for help.
Challenge
- Redundancies in office locations after an acquisition of a smaller bank, with over 30 branches and regional offices identified as candidates for closure.
- Sensitive information and assets located at each impacted location.
- Difficulty coordinating resources and closure processes across multiple locations.
Solution
Outcome
- Expertise and resources to organise and secure assets from the branches and office locations to rapidly prepare for closure.
- Secure cataloging, transportation, storage, and/or environmentally friendly disposal of hundreds of pieces of IT equipment and over 250,000 documents.
- Quick project execution, with a focus on security and compliance protocols.
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