Birch Hill Equity Partners is pleased to announce an investment in Shred-it International Inc. – Birch Hill
Summary
This is the twelfth investment made through its $850 million fund, Birch Hill Equity Partners III, LP.Shred-it is a world-leading information security company providing document destruction and records management services that ensure the security and integrity of its clients private information. The company operates 140 service locations in 16 countries worldwide, servicing more than 150,000 global, national and local businesses, including the worlds top intelligence and security agencies, more than 500 police forces, 1,500 hospitals, 8,500 bank branches and 1,200 universities and colleges. Other customers include financial, high-tech, professional services, manufacturing, retail and other businesses as well as government agencies.As the global leader in the secure document destruction industry, Shred-it presents a compelling investment opportunity. Shred-it has a large diversified customer base, significant recurring revenue streams, and is the market leader in most of its regions. With a strong Company culture and long track record of profitable growth, Shred-it is well positioned to capitalize on these positive trends.Birch Hill Equity Partners invests in leading Canadian middle-market businesses.