PE-backed 2-20 Records Management acquires Midtown Record Storage

Topspin Partners-backed 2-20 Records Management has acquired Midtown Record Storage, which specializes in managing and storing documents. No financial terms were disclosed. Midtown Record Storage was a unit of Steinway Moving & Storage.

PRESS RELEASE

BRIDGEWATER, N.J., March 24, 2017 /PRNewswire/ — 2-20 Records Management, a leader in records storage and record management, today announced the acquisition of Midtown Record Storage, a division of Steinway Moving & Storage.
Specializing in the management and storage of documents, Midtown Record Storage has helped clients safely store records for 20 years.

James Benatti, President and Owner of Steinway Moving & Storage, states: “Joining the 2-20 Family of Companies will allow us to expand our service offering and provide state-of-the-art technology, while continuing our focus on delivering great customer service. We also expect a seamless transition.”

Doug Mann, CEO of 2-20, welcomes Midtown Record Storage, as part of the InfoStore division stating: “We at 2-20 Records Management, are excited to add Midtown Record Storage clients to our family. We look forward to building strong relationships and exceeding your expectations.”

Steinway Moving and Storage and InfoStore will expand their relationship beyond this exciting acquisition. Steinway will now offer all new clients InfoStore’s full suite of records and information management services; and InfoStore will offer their clients the exceptional moving services of Steinway.

About 2-20 Records Management:
2-20 Records Management provides Smart Storage Solutions® including Document Storage, Media Storage, Health Information Management, Digital Solutions, Data Protection, and Secure Document Shredding throughout the United States.

For more information or to have a complimentary Cost Benefits Analysis, please visit www.2-20rm.com, email Patrick McKillop at pmckillop@2-20rm.com or call Patrick at 201-294-6192.

About Topspin Partners:
Topspin Partners is a suburban NY-based private equity fund that makes control investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including health and wellness, niche consumer, food and beverage, business services and security. The Topspin team has considerable operational expertise and collaborates with management teams to build businesses of varying stages and sizes.

Further information on Topspin can be found at www.topspinpartners.com.