Iron Mountain Software Escrow Acquisition

In 2021, NCC Group acquired Iron Mountain’s Software Escrow business (IPM) in a £156m deal, which is now part of Escode, NCC Group’s global software escrow division.

The acquisition expanded our presence in the United States, where Escode has a dedicated North American team, and positioned NCC Group as the largest software escrow provider across both the UK and US. Customers now benefit from a broader range of escrow and verification services, alongside our cloud resilience proposition, Escrow-as-a-Service (EaaS).

Our priority throughout the transition has been to ensure continuity, with customers supported by experienced teams while also gaining access to the wider expertise and solutions available through Escode and NCC Group. All former Iron Mountain escrow services are now delivered solely by NCC Group under the Escode brand.

NCC Group's CEO comments: 

“Bringing our two businesses together provides a robust platform for growth – particularly in North America but also for all of our Software Resilience division and NCC Group as a whole.

IPM shares many similarities with our own business, including a commitment to providing exemplary service for customers. There are tremendous opportunities to grow the combined business by offering IPM's blue-chip customers further resilience through our extensive cyber security portfolio.

I am delighted to welcome our new colleagues from IPM to NCC Group today and I look forward to what the future will bring.”

NCC Group's Escrow Division Global Managing Director adds: 

“The priority is to ensure our new customers continue to benefit from the high standards of excellence they are accustomed to. We’ll ensure all customers continue to be supported by the same team by focusing on a smooth transition from IPM to NCC Group’s Software Resilience business.

The combined business will be committed to helping customers improve their software resilience so they can confidently adopt, innovate and manage new and existing technology opportunities.”