Cornerstone Records Management Announces Acquisition of Rochester Data Storage Center

Posted on Aug 18, 2010 in Records Management News

Sub­mit­ted by klewis@prismintl.org on August 16, 2010 — 7:47am
Colum­bia, MD – August 12, 2010 –

Cor­ner­stone Records Man­age­ment, LLC announced today that it has com­pleted the acqui­si­tion of the assets of Rochester, NY, based Rochester Data Stor­age Cen­ter, Inc.

“With a sig­nif­i­cant pres­ence in the Rochester mar­ket and addi­tional cus­tomers across the greater Upstate New York area, Rochester Data rep­re­sents a great fit with our exist­ing pres­ence in the state of New York,” said Steven Sis­ney, Pres­i­dent and CEO of Cor­ner­stone. “Rochester Data offers a full suite of record and infor­ma­tion man­age­ment ser­vices includ­ing the stor­age of hard copy records, both mobile and plant based shred­ding ser­vices, as well as pro­vid­ing elec­tronic media vaulting”.

“Cus­tomers of Rochester Data will be able to ben­e­fit from enhanced cus­tomer ser­vice due to our larger foot­print, and they will have access to a broader array of prod­uct offer­ings,” explained Sis­ney. “We will be able to pro­vide these cus­tomers full solu­tions to their records and infor­ma­tion man­age­ment needs in a flex­i­ble and respon­sive man­ner.” Rochester Data will become part of Cornerstone’s East­ern Divi­sion which is head­quar­tered in King of Prus­sia, PA

The acqui­si­tion of Rochester Data rep­re­sents the eighth acqui­si­tion com­pleted by Cor­ner­stone since June 2008, and reflects Cornerstone’s phi­los­o­phy of grow­ing both organ­i­cally and through acquisition.

Cor­ner­stone is con­tin­u­ing to focus on rapidly grow­ing its busi­ness in the South­ern Cal­i­for­nia, Den­ver, North­east and Mid-Atlantic markets.

About Cor­ner­stone Records Management

Cor­ner­stone Records Man­age­ment LLC is a full solu­tion RIM part­ner, oper­at­ing in select geo­gra­phies, that helps our cus­tomers achieve their oper­at­ing and com­pli­ance objec­tives in a flex­i­ble and respon­sive man­ner. Serv­ing a broad cus­tomer base, Cor­ner­stone pro­vides a wide range of ser­vices includ­ing the stor­age and man­age­ment of hard copy records, both plant based and mobile doc­u­ment destruc­tion ser­vices, elec­tronic media vault­ing, and dig­i­tal imag­ing. Cor­ner­stone does busi­ness as LA Records Man­age­ment in the South­ern Cal­i­for­nia area, Cor­ner­stone Records Man­age­ment in the Den­ver mar­ket, and Nova Records Man­age­ment in the North­east and Mid-Atlantic mar­kets. Please visit www.cornerstone-rm.com for addi­tional information.

About Ster­ling Partners

Ster­ling Part­ners is a lead­ing pri­vate equity firm with over 25 years of expe­ri­ence part­ner­ing with entre­pre­neurs to build market-leading busi­nesses and gen­er­ate supe­rior returns. With approx­i­mately $4 bil­lion of assets under man­age­ment, Ster­ling invests growth cap­i­tal in indus­tries with pos­i­tive, long-term trends and pro­vides ongo­ing sup­port to man­age­ment through a ded­i­cated team of indus­try vet­er­ans, oper­a­tors, strat­egy experts and human cap­i­tal pro­fes­sion­als. Ster­ling Part­ners is a leader in edu­ca­tion, health­care and busi­ness ser­vices and is co-headquartered in Chicago and Bal­ti­more. For more infor­ma­tion, please visit www.sterlingpartners.com.

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