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.

February 1, 20238 mins
Clean Start Bank

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

Iron Mountain Clean Start®

Outcome

  • Expertise and resources to organize and secureassets 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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