Proshred Security Overview

  • Year Founded
  • 1986

Year Founded

  • 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

Formerly Known As
Professional Shredding Corporation
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 2233 Argentia Road
  • Suite 202
  • Mississauga, Ontario
  • Canada
+1 (866)
Primary Industry
Other Commercial Services
Parent Company
Vertical(s)
Corporate Office
  • 2233 Argentia Road
  • Suite 202
  • Mississauga, Ontario
  • Canada
+1 (866)

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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
To view Proshred Security’s complete valuation and funding history, request access »

Proshred Security Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of shredding and recycling services catering to healthcare, financial, legal and education sectors. The company
Other Commercial Services
Mississauga, Canada

Manchester, United Kingdom
 

Roseland, NJ
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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
You’re viewing 3 of 3 competitors. Get the full list »

Proshred Security Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Covington Capital Corporation Venture Capital Minority
Roynat PE/Buyout Minority
To view Proshred Security’s complete investors history, request access »

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)
To view Proshred Security’s complete acquisitions history, request access »

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.

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