About Cornerstone

Posted on Mar 31, 2011 in Records Management News

About Cor­ner­stone

Cor­ner­stone is a leader in pro­vid­ing stor­age and man­age­ment of hard copy records, doc­u­ment destruc­tion ser­vices, elec­tronic media vault­ing and other related ser­vices. The firm is focused on both organic growth and acqui­si­tions within its geo­graph­i­cal footprint.

Cor­ner­stone entered the mar­ket in 2008 with the acqui­si­tions of LA Records Man­age­ment, Inc and Microshred, Inc. Since then, Cor­ner­stone has added two new facil­i­ties in Cal­i­for­nia and two in the Den­ver area. Cor­ner­stone expanded into the East Coast with the May 2009 acqui­si­tion of Nova Records Man­age­ment. The Com­pany fur­ther expanded its pres­ence in the Cal­i­for­nia mar­ket through its acqui­si­tion of Infor­ma­tion Man­age­ment Stor­age, Inc. (IMS).

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.

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

Cor­ner­stone Records Man­age­ment Regional Offices:
Den­ver Region — Phone: (303) 307‑9888
Los Ange­les Region — Phone: (818) 367‑1771
Mid-Atlantic/NE Region — Phone: (484) 654‑3540

To con­tact our cor­po­rate office, Email us at mhefner@cornerstone-rm.com

Student Records Found Dumped in Trash Bins

Posted on Mar 29, 2011 in Records Management News

Pub­lished : Mon­day, 28 Mar 2011, 10:47 PM EDT
By ANDREA DAY
MYFOXNY.COM -

Fox 5 was there when Ralph Marino picked up his sons’ per­sonal files, which were found tossed in a Dump­ster behind a strip mall. The piles of files were from the Hunt­ing­ton Learn­ing Cen­ter in East North­port, Long Island.

He said two of his sons went to the cen­ter years ago, so he was stunned when he got a call from the woman, Tracy Roer­don, who found the files.

Roer­don said she couldn’t believe what she found in the trash bins behind the store where she works. The files had ages, work num­bers, and per­sonal history.

Vic­to­ria Sieven, the direc­tor of the Hunt­ing­ton Learn­ing Cen­ter, told Fox 5 that the cen­ter hired a com­pany to pick up the files from stor­age and shred them. She said she was appalled when she learned that the files were dumped instead.

She said the files had been stored in a base­ment in Man­has­sett. It is com­pany pol­icy to keep them for five years before they are shred­ded. Sieven said staff rushed to grab and shred the files when the com­pany found out what happened.

She would not say divulge the name of the shred­ding com­pany the Learn­ing Cen­ter had hired.

Read more at: http://www.myfoxny.com/dpp/news/student-records-found-dumped-in-trash-bins-20110328

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Stu­dent Records Found Dumped in Trash Bins: MyFoxNY.com

Iron Mountain’s Biggest Shareholder Backs Activist Investor

Posted on Mar 23, 2011 in Records Management News

Iron Mountain’s Biggest Share­holder Backs Activist Investor
BY ANUPREETA DAS

Davis Advi­sors, the largest share­holder of document-storage com­pany Iron Moun­tain Inc., plans to sup­port activist investor Elliott Man­age­ment Corp.‘s four board nominees.

Davis Advi­sors, a Tus­con, Ariz.-based money man­ager, owns around one-fifth of Iron Moun­tain, which has a mar­ket cap­i­tal­iza­tion of about $6 bil­lion. Boston-based Iron Moun­tain stores and archives busi­ness doc­u­ments and other data for cor­po­rate clients, much of it in warehouses.

Ear­lier this month, Elliott made pub­lic a cam­paign to pres­sure Iron Moun­tain to con­vert itself into a real-estate invest­ment trust.

Elliott, which owns less than 5% of Iron Moun­tain, has said the …

Read more here:

http://online.wsj.com/article/SB10001424052748703410604576217072839591728.html

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