Customer intelligence expert Iron Mountain to Acquire ITRenew

pspan style=color: #333333; font-family: Poppins; font-size: 16px; text-align: justify;Iron Mountain Incorporated (NYSE: IRM), the leading information management company, has entered into a definitive agreement to acquire ITRenew, a global leader in mission critical data center lifecycle management solutions. Upon closing, Iron Mountain will acquire 80 percent of the outstanding shares of ITRenew on a cash- and debt-free basis for approximately $725 million in cash, with the remaining 20 percent acquired within three years of Close for a minimum enterprise value of $925 million. Previous investor ZMC, a leading private equity firm focused on technology, media and communications investments, will exit its position as part of this transaction./span/p