November 02, 2023
Weil is advising Iron Mountain (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure and asset lifecycle management, in its definitive agreement to acquire Regency Technologies, a leading provider of IT asset disposition services.
The combined platform will establish a market-leading distributed footprint for the remarketing and recycling of IT assets, which will help better serve the world’s largest companies in achieving their environmental and data security goals, while also strengthening Iron Mountain’s presence in the asset lifecycle management sector. The transaction is subject to customary closing conditions and regulatory approvals.
The Weil team advising Iron Mountain is led by Mergers & Acquisitions partner Michael J. Aiello and counsel Iliana Karaoglan and includes associates Alex Schnapp and David Chammas. The team also includes Tax partner Graham Magill and associates Grant Solomon and Madeline Joerg; Technology & IP Transactions Co-Head Charan Sandhu, counsel Luis Gonzalez and associates Dominic Farchione, David Merck and Amy Montoya; Executive Compensation & Benefits partner Aimee Adler and associate Elissa Berdini; Employment Litigation Head John Barry, counsel Rebecca Sivitz and associate Kate Belsito; Antitrust/Competition partner John Scribner, counsel Michael Naughton and associate Geneva Hardesty; Regulatory Transactions Head Annemargaret Connolly and counsel Matthew Morton and Ariel Fliman; and Real Estate associate Michael Buschmann and attorney Leslie Smith.