Iron Mountain is a records management services provider. The firm is organized as an REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. Following the acquisition of former competitor Recall, the firm's geographic footprint reaches 53 countries in six continents. The firm primarily caters to enterprise clients in developed markets, but is shifting its mix toward emerging markets, middle markets, and government entities in the U.S., as well as its data center and fine arts storage business.