AUA Private Equity Partners has announced that its portfolio company Two-Twenty Records Management, a provider of records and information management services, has acquired InfoStore Records Management.
InfoStore Records Management is a records and information management company. The company is based in Brooklyn Heights, OH (www.infostorerecords.com).
Two-Twenty Records Management is a records and information management company. The company provides outsourced storage, archiving, digital services, and transportation of multiple media types including documents, computer back-up tapes, film and sound archives, and electronic data vaulting. The company was founded in 1993 and is based in Edison, NJ (www.2-20rm.com).
“InfoStore and Two-Twenty Records Management provide perfect synergies in services as well as customer driven business philosophies. It is this service/solution mindset that allowed InfoStore to so easily fold into the 2-20 family of companies. InfoStore now has the ability to offer the New York, New Jersey and Pennsylvania markets a new and innovative record and information management experience,” said Alex Van Veldhuisen, Vice President, Sales, InfoStore Records Management.
AUA Private Equity Partners makes equity investments in companies in the consumer, media and business services sectors with a particular focus on Hispanic-oriented companies and family-owned businesses located in the United States. The new firm plans to invest $10 to $30 million of equity in companies that generate $3 million to $15 million in EBITDA. AUA Equity makes control and significant minority investments in a variety of transactions and structures including: traditional leveraged buyouts; growth equity; recapitalizations; and roll-up strategies. The firm is based in New York, NY (www.auaequity.com).