Access Information Management Receives Growth Equity Investment from Summit Partners
Access Information Management, a Livermore, CA-based provider of records management storage and destruction services for hardcopy and electronic records, has received a growth equity investment of undisclosed amount from Summit Partners.
The company intends to use the proceeds from the investment for the continued growth of its records and information management (RIM) service operations throughout the United States and service offering enhancement.
Founded in 2004 by Dennis Barnedt and led by CEO Rob Alston and President John Chendo, Access provides end-to-end RIM lifecycle services including offsite records storage, secure document shredding, climate controlled media vaulting, digital imaging and electronic records hosting.
The company has more than 10,000 clients across many industries including healthcare, legal, financial services and manufacturing, which uses the services to mitigate the legal risks and financial penalties associated with records management and disposition.
With roots in the San Francisco Bay Area, Access has expanded geographically through the organic addition of new client relationships as well as strategic acquisitions. Current Access locations include facilities in Northern and Southern California, Arizona, Florida, Georgia, Hawaii, Oregon and Wisconsin.
In con junction with the investment, Len Ferrington and C.J. Fitzgerald, a a Principal and a Managing Director of Summit Partners, respectively, will join Access’ Board of Directors.