Mergers and acquisitions can have a major impact on the shredding industry. We keep up to date on what’s happening throughout the United States, and will provide news and information about these events here.

Learn about recent mergers, acquisitions, and some of the implications of what this kind of consolidation has on independent shredding companies.

The Acquisition of Shredding Companies

Iron Mountain Merging with Recall Holdings Ltd. Previously a subsidiary of Australia’s Brambles Ltd, Recall Holdings Ltd has played a role in multiple offers throughout the past couple of years. Since its divergence from Brambles in 2013, the company has made nine acquisitions of other assets, and denied several...

Cintas Acquires 3GS

Cintas has acquired 3GS of Knoxville, TN. 3GS has grown from a single location in Tennessee to over a dozen locations around the Southeast and Midwest. They provided shredding services, document imaging, and document storage solutions.  This ends the year with a bang in the acquisition market for shredding companies. It...

BRM Acquires Paper Exchange

Business Records Management (BRM)of Pittsburgh, Pennsylvania has acquired The Paper Exchange, also of Pittsburgh, Pennsylvania. This expands the shredding and records storage capacity of BRM. This acquisition fall on the heals of their spring acquisition of Underground Archives. The Paper Exchange was started in 1996 by brothers Jeff and Dan Prunzik. They...

Spokane Mobile Shredding

DeVries Business Service of Spokane, Washington has announced the acquisition of Green Shred of Pasco Washington. This acquisition expands the services of DeVries into northeast Oregon. It is also the fourth mobile shred truck in the companies fleet.  Financial terms of the deal were not disclosed. Pat DeVries, President...

Recall Sale is Now Off

Recall’s Roller Coaster Future After months of negotiations with multiple companies regarding the sale of Recall Holdings by Brambles Ltd based in Australia, the company has decided not to sell. Brambles places the value of its information management business at $2.2 billion, and maintain that the bids received were...

Shredding Merger in South Carolina

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...