Proshred Security Overview
- Year Founded
-
1986

- Status
-
Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$800K
Proshred Security General Information
Description
Provider of shredding and recycling services catering to healthcare, financial, legal and education sectors. The company offers ongoing paper shredding, one-time paper shredding, hard drive destruction, product destruction services, drop-off shredding, document scanning services and breach reporting services, enabling its customers to destroy documents in a secure, convenient and cost-effective method.
Contact Information
Website
www.proshred.com(Operating Subsidiary)
Corporate Office
- 2233 Argentia Road
- Suite 202
- Mississauga, Ontario
- Canada
Corporate Office
- 2233 Argentia Road
- Suite 202
- Mississauga, Ontario
- Canada
Proshred Security Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Merger/Acquisition | 31-Mar-2017 | $800K | Completed | Generating Revenue | ||
1. Later Stage VC | 16-Sep-2002 | Completed | Generating Revenue |
Proshred Security Comparisons
Industry
Financing
Details
Proshred Security Competitors (3)
One of Proshred Security’s 3 competitors is Artech Reduction Technologies, a Corporation company based in Manchester, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Artech Reduction Technologies | Corporation | Manchester, United Kingdom | ||||
Confidential Shredding | Corporate Backed or Acquired | Roseland, NJ | ||||
Gator Shredding | Corporation | Dayton, OH |
Proshred Security Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Covington Capital Corporation | Venture Capital | Minority | ||
Roynat | PE/Buyout | Minority |
Proshred Security Acquisitions (5)
Proshred Security’s most recent deal was a Merger/Acquisition with JHS Services (Document Shredding Services Portion). The deal was made on 01-Mar-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
JHS Services (Document Shredding Services Portion) | 01-Mar-2021 | Merger/Acquisition | Other Commercial Services | ||
Safe Shredding | 01-Oct-2018 | Merger/Acquisition | Office Services (B2B) | ||
On Guard Shredding | 11-Jun-2018 | Merger/Acquisition | Other Commercial Services | ||
Shred Con | 04-Apr-2018 | Merger/Acquisition | Other Commercial Services | ||
RecordSHRED | 04-Jan-2016 | Merger/Acquisition | Office Services (B2B) |
Proshred Security FAQs
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When was Proshred Security founded?
Proshred Security was founded in 1986.
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Where is Proshred Security headquartered?
Proshred Security is headquartered in Mississauga, Canada.
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What industry is Proshred Security in?
Proshred Security’s primary industry is Other Commercial Services.
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Is Proshred Security a private or public company?
Proshred Security is a Private company.
-
What is the current valuation of Proshred Security?
The current valuation of Proshred Security is
. -
What is Proshred Security’s current revenue?
The current revenue for Proshred Security is
. -
How much funding has Proshred Security raised over time?
Proshred Security has raised $5.75M.
-
Who are Proshred Security’s investors?
Covington Capital Corporation and Roynat have invested in Proshred Security.
-
Who are Proshred Security’s competitors?
Artech Reduction Technologies, Confidential Shredding, and Gator Shredding are competitors of Proshred Security.
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When was Proshred Security acquired?
Proshred Security was acquired on 31-Mar-2017.
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Who acquired Proshred Security?
Proshred Security was acquired by Redishred Capital.
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