Proshred Security Overview
- Year Founded
-
1986
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$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 Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
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
-
When was Proshred Security founded?
Proshred Security was founded in 1986.
-
Where is Proshred Security headquartered?
Proshred Security is headquartered in Mississauga, Canada.
-
What industry is Proshred Security in?
Proshred Security’s primary industry is Other Commercial Services.
-
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.
-
When was Proshred Security acquired?
Proshred Security was acquired on 31-Mar-2017.
-
Who acquired Proshred Security?
Proshred Security was acquired by Redishred Capital.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
