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Vrc Acquires 2-20 Records Management, Strengthening Leadership In Information Management Market

Oct 04, 2022almost 3 years ago

Acquiring Company

Vital Records Control

Acquired Company

Vital Records Control

MemphisMemphisInformation ServicesInformation TechnologySoftwareInformation ServicesInformation TechnologySoftware

Description

Vital Records Control (VRC Companies, LLC), a leading provider of information management services, announced its acquisition of 2-20 Records Management. The 2-20 addition enhances VRC's national footprint in records management, adding several key markets and increasing its presence in existing markets, and reflects VRC's continued commitment to delivering customers a full suite of high-quality solutions with exceptional service.

Company Information

Company

Vital Records Control

Location

Memphis, Tennessee, United States

About

Vital Records Control (VRC Companies, LLC) is a national leader in information governance (IG) solutions. VRC helps clients reduce costs and increase productivity throughout the information lifecycle. With its commitment to high-quality solutions and exceptional service, VRC has become the trusted partner for businesses seeking compliant and cost-effective management and/or disposition of its physical and digital information assets.

FundzWatch™ Score

87
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed