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StorageVault to Acquire 3 Storage Assets and an Information and Records Management Business for $32.5 Million

April 6, 2019 By Globenewswire Tagged With: CA86212H1055, TSX-V:SVI

TORONTO, April 05, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has entered into an asset purchase agreement executed with Access Self Storage Inc. and RecordXpress Inc. (collectively, “Access”) to purchase two stores in the Greater Toronto Area, a 4 acre storage lot in London, Ontario and the assets and business of RecordXpress, an information and records management business owned by Access (collectively, the “Acquisition”). The aggregate purchase price for the Acquisition is $32,500,000, subject to customary adjustments.

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