Shred360 of Columbia, South Carolina, has announced the purchased Secure Shred of Spartanburg South Carolina. The combined company will continue to operate as Shred360. Financial details of the sale were not disclosed.

The shredding industry continues the move to more consolidation. Not only are the large national chains acquiring new companies but regional are doing the same thing. But for every company that gets acquired there is a an owner who is now past their non-compete and looking to start back into the business.  I don’t forsee the end of the local shredder in the near future.