ArchivesOne, Inc. Acquires Secure Data Storage of Fort Lauderdale, FL.
Acquisition is Second in Florida
WATERBURY, CT and FORT LAUDERDALE/ SEPT 1, 2005 - Waterbury-based ArchivesOne, Inc, the third largest records management and storage company in the U. S., announced today the purchase of Secure Data Storage of Fort Lauderdale, Florida. The acquisition is ArchivesOne's fourth in 2005 and 24th since its inception in 1991 by its president and founder, A.J. Wasserstein.
The purchase marks ArchivesOne's second acquisition in Florida in the past 5 months. The company first entered South Florida in early March, when it acquired Sterling Records Management of Boynton Beach. That deal gave the company its first foothold in the South and added about 400 customers and 28 Team Members. ArchivesOne more recently acquired Starpoint Global Services of Raleigh, NC in July, filling in their geographical gap. Prior to that, the company's southernmost location was Springfield, VA.
Today's transaction of Secure Data Storage adds approximately 225 customers to ArchivesOnes existing client base in Miami-Dade, Broward and Palm Beach Counties. "The additional routes will add even better service for both our existing customers and new SDS customers", said John Pavlovich, COO of ArchivesOne, "at SDS outstanding customer service has always come first."
Nine Team Members from Secure Data Storage will join ArchivesOne, as well as over 1 million cubic feet of storage space. "The addition of the Fort Lauderdale location will allow ArchivesOne to reach even more potential customer and result in even better service to all of our customers", said Dave Koval, ArchivesOne's Regional Vice President of Operations, "The business has done an exceptional job creating custom solutions for its customers".
ArchivesOne services customers in twelve metropolitan markets, has approximately $30 million in annual revenues and more than a million and a half square feet of records storage space. The company was named to Inc Magazine's 2004 national list of the 500 fastest growing private companies. ArchivesOne now boasts over 5,500 customers and about 250 team members. For more information, visit the ArchivesOne website at www.archivesone.com.
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