Knoxville, TN (1888PressRelease)
November 14, 2008 - NorthShore Capital Advisors (www.northshore-capital.com), a full-service mergers and acquisitions and business advisory firm, has announced that the firm has closed a transaction for document destruction company 3GS, LLC. With this transaction, 3GS, a business venture formed to consolidate the document destruction industry, has acquired Purchase Records Destruction, a Calvert City, Ky.-based document destruction company. Purchase Records Destruction specializes in secure on-site and off-site document destruction and provides shredding services for paper, video tapes, compact discs, floppy discs and microfilm. Through acquisitions, 3GS expects to form the largest independent document destruction company in North America.
Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service mergers and acquisitions and business advisory firm. NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring. NorthShore continues to serve as the leading M&A consultant nationwide in the document destruction industry. For more information about NorthShore Capital Advisors, visit their Web site at www.northshore-capital.com.
News Facts:
• NorthShore Capital Advisors has completed a transaction for document destruction company 3GS, LLC.
• With this transaction, 3GS, a business venture formed to consolidate the document destruction industry, has acquired Purchase Records Destruction, a Calvert City, Ky.-based document destruction company.
• Purchase Records Destruction specializes in secure on-site and off-site document destruction and provides shredding services for paper, video tapes, compact discs, floppy discs and microfilm.
• Through acquisitions, 3GS expects to form the largest independent document destruction company in North America.
• Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service mergers and acquisitions and business advisory firm.
• NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring.
• NorthShore continues to serve as the leading M&A consultant nationwide in the document destruction industry.
Quotes:
“We are pleased to have completed a transaction between 3GS, LLC, and Purchase Records Destruction,” said Mike West, managing partner of NorthShore Capital Advisors. “3GS is an emerging national player in the document destruction industry and we are proud and excited that NorthShore is retained to help make this happen.”
About NorthShore Capital Advisors:
Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service mergers and acquisitions and business advisory firm. NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring. With its practical understanding of the issues facing a business, NorthShore keenly applies strategy, creativity and dynamic courses of action to achieve the most advantageous outcome for clients. NorthShore’s team includes an uncommon blend of investment banking, operational and management experience rooted in business services, healthcare, consumer products, retail, manufacturing, distribution and recreation. In 2008, NorthShore was recognized by BusinessTN magazine on the Hot100 list, spotlighting fast-growing and successful companies that enrich the local and regional economies, provide jobs and fuels Tennessee’s entrepreneurial culture. For more information about NorthShore Capital Advisors, call (865) 862-4942 or visit www.northshore-capital.com.
About 3GS, LLC:
3GS, LLC is a Knoxville, Tenn.-based document destruction company formed by industry veterans, Mike Boehringer, CEO, and Mike West, managing partner of NorthShore Capital Advisors. The company’s strategy is to actively acquire independent shredding companies with the expressed purpose of creating the largest independent document destruction company in North America. For more information on 3GS, LLC, please call (865) 862-4942.
Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty ( @ ) mmimarketing dot com
PR Firms Raleigh, N.C.
###
