Accushred Expands through Acquisition
AccuShred, an information destruction and electronics recycling company headquartered in Toledo, Ohio, has acquired Temperance, Mich.-based Metro Secure Shred, a mobile document shredding company, doubling its fleet of shred trucks.
According to a press release issued by AccuShred, the acquisition makes the company one of the largest privately held information destruction companies in northwest Ohio and southeast Michigan.
AccuShred Sales Manager Jeff Green says off-site destruction makes up 80 percent of the company’s business, while on-site service makes up 20 percent.
AccuShred President Nate Segall says the company gains additional service capacity as a result of the acquisition. “By adding Metro Secure Shred’s shredding trucks, staff and customers to our existing organization, we can continue to enhance our service levels and stay ahead of the increasing demand for information destruction services.”
According to AccuShred, Metro Secure Shred’s reputation for customer service was a strong fit.
Fast Fact |
While ID fraud incidents decreased in 2010, according to a survey by Javelin, the mean out-of-pocket cost to consumers for such incidents increased 63 percent from $387 in 2009 to $631 per incident in 2010. |
“As demand for information destruction grows, so too will the requirements for experience and professionalism,” Segall says. “We think bringing Metro Secure Shred into the AccuShred family raises the bar for service excellence and expertise in northwest Ohio and southeast Michigan.”
Mark Seeger, president of Metro Secure Shred, will join the AccuShred staff, where he will serve as a information security consultant, according to Green. In this role, Seeger will be responsible for account management and for client services, Green says.
AccuShred, established in 2002, provides on- and off-site document destruction services as well as electronics recycling. The company is a subsidiary of State Paper and Metal Co. and operated two shred trucks prior to the acquisition of Metro Secure Shred as well as four collection vehicles for off-site shredding services.
Access Information Management Expands
Livermore, Calif.-based Access Information Management, a provider of records management, storage and destruction services for hardcopy and electronic records, has expanded its operations in the U.S. Southwest and Midwest with the acquisition of DocuSafe of Phoenix Inc. and DocuSafe of Madison Inc. The acquisitions allow Access to expand its operations to include new facilities in Phoenix and increased storage capacity
and enhanced service capabilities of Access’ operations in the Madison, Wis., area.
Under the Access name, the Arizona and Wisconsin locations will offer clients full-service records and Information management service support, including hardcopy storage and management, secure destruction services, vital records protection and document imaging and digital storage.
The integration of the full-service Phoenix business represents a strategic footprint expansion into another state capital for Access. Robert Cummings, general manager of Access’ California and Arizona regions, will manage the Phoenix operation. The daily operation of the full-service Phoenix facility will continue under Mike “Woody” Colebank.
The acquired Madison operation also will support a mix of hard copy record storage and services, media vaulting, digital solutions and destruction services, including a plant-based document destruction and shredding operation, which increases the service capacity of the existing Access document and product destruction and recycling offering in Wisconsin. Access Madison Branch Manager Thom Dahlen will oversee the local integration of the two operations and run the merged operation.
Explore the August 2011 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- BlueScope, BHP & Rio Tinto select site for electric smelting furnace pilot plant
- Magnomer joins Canada Plastics Pact
- Out of touch with reality
- Electra names new CFO
- WM of Pennsylvania awarded RNG vehicle funding
- Nucor receives West Virginia funding assist
- Ferrous market ends 2024 in familiar rut
- Aqua Metals secures $1.5M loan, reports operational strides