Transaction represents expansion of current markets and a strategic move into technology and the future of records management
[NEWS] Livermore, CA, December 22, 2015 – Archive Systems Inc., a unified document management company with global technology and document management customers, operating records centers in ten U.S. markets, and data centers in the U.S., Canada, and Europe, has been acquired by Access Information Management. This acquisition is the 95th for Access since its founding in 2004 and represents the company’s expansion in its existing markets of Atlanta, Baltimore, Boston, Chicago, New York Metro / New Jersey, Philadelphia, Phoenix, Seattle, Washington, Metro Washington D.C., and Portland, Oregon. Closing took place on December 16, 2015.
“We are excited to announce this strategic expansion of our business. With Archive Systems’ unique technology and Access’ commitment to continue to invest in the advancement of those platforms, the benefits to our clients are significant,” said Access CEO Rob Alston. “Access is the largest privately held records and information management services provider in the United States and Latin America. With the addition of Archive Systems’ document management applications and technologies, we are now positioned to deliver a world-class path to the digital future for our clients, a strategic solutions enhancement we have been planning for some time now.”
Archive Systems CEO, Gordon Rapkin explained, “Archive has achieved a unique forward-thinking, technology-driven position in the records marketplace. Combining Archive’s strengths with an international industry leader of the scale of Access will deliver unified business capabilities that are second to none. I am confident that our clients, ranging from local companies to Fortune 50 global enterprises, will be exceptionally well served by Access’ progressive business vision.”
John Chendo, Access President, added, “The high caliber of the new team joining us from Archive Systems adds strength to our leadership team at all levels, and in positions across the country. This clearly represents another major step forward for Access.”
Robert W. Baird & Co. served as exclusive financial advisor to Access.
About Access (InformationProtected.com)
Access is the largest privately held records and information management (RIM) services provider in the United States and Latin America. A trusted partner to clients spanning multiple industries and markets throughout the country, Access’ complete suite of services includes records storage and document management in both hardcopy and digital formats, data protection (electronic computer media), secure destruction, digital document conversion and breach reporting services. The valuable business services Access provides allow clients to focus on their core businesses while reducing the costs and risks associated with document retention, management, convenient access, and final disposition. Access is backed by growth equity investor Berkshire Partners.
For additional information, visit www.InformationProtected.com.