Amware Acquires Iron Mountain Fulfillment Services
Amware Fulfillment said it has acquired the fulfillment services unit of Iron Mountain Inc., a move that gives Lawrenceville, Ga.-based Amware a total of 15 fulfillment centers in the United States plus new capabilities for creating and distributing printed and promotional materials.
Terms of the deal were not disclosed.
Amware primarily distributes finished goods for online retailers and direct selling companies. With the acquisition, Amware will pick up Iron Mountain fulfillment centers in Chicago and Milpitas, Calif., plus facilities in Amware’s existing markets of Atlanta and Cranbury, N.J., company officials announced Oct. 2.
“At Amware, fulfillment is our sole focus,” Amware CEO Harry Drajpuch said in a statement. “The Iron Mountain Fulfillment Services acquisition supports our goal of being the fulfillment partner of choice for growing, direct-to-consumer brands.”
With its expanded network of distribution centers, Amware said it can deliver products in one or two days to 98% of the country.
Amware is a portfolio company of Rotunda Capital Partners, a private equity firm with offices in Chicago and Washington, D.C., which invests in middle-market companies in logistics, distribution, financial services and business services sectors. Rotunda Capital’s other holdings include Discount Ramps, an online retailer of ramps and loading systems for trucks and trailers, parcel reseller Air Express of Chicago and Rubicon Global, an Uber-like service for waste disposal and recycling.
