Iron Mountain and InfoFort have joined forces to support the needs of their expansive customer base in the MENAT region
Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services and InfoFort, established in the UAE and one of the market leaders in the region, have joined forces to support the needs of their expansive customer base across key sectors including Financial, Government, and Oil and Gas.
The integration of InfoFort supports Iron Mountain’s strategy of expanding its business in international markets for its core records and information management business and continues to elevate the company’s status as a trusted partner with expanding global capabilities.
Iron Mountain is uniquely positioned to provide its global customers with the products and solutions they need to unlock value from their paper and digital information in innovative and socially responsible ways. The expansion in MENAT comes with an investment commitment of over $100 million and secures Iron Mountain an expanded regional capability.
InfoFort has grown from a start-up to having 20 facilities in 11 countries, over 8 million cubic feet of storage volume, generating over $75 million of revenue last year. InfoFort customers and employees add strength and potential to Iron Mountain’s portfolio. Merging the strengths of the InfoFort business and their talented team with Iron Mountain's competencies, global scale, and technology delivers industry-leading physical, digital and hybrid solutions.
The consolidated portfolio of offerings in document storage and destruction services, digitization of paper-based data and records information management enables Iron Mountain to increase automation and resilience, improve compliance, reduce risk, and create greater value for their customers across geographies and sectors. In the region, they service a broad client base including governments, financial institutions including local banks and insurance companies and are also active in the oil and gas sector. Data management and storage solutions ensure companies are compliant with international standards and forms a strategic part of accelerated digital transformation initiatives.