Shred First Makes Alabama Acquisition

Shred First LLC, Spartanburg, S.C., has announced the purchase of Docu-Shred LLC of Mobile, Ala.

According to Shred First CEO Nick Wildrick, the acquisition will help increase the company’s presence in that market. “We are very pleased each time we are able to increase our density in an existing market,” says Wildrick.

“Docu-Shred has a very loyal customer base that we are looking forward to providing service for,” adds John Bauknight, president of Shred First.

This is the second deal completed by Shred First (with the help of North Shore Capital Advisors) in the past 90 days. In the fall of 2005, Shred First acquired Power Shred, another Alabama document destruction firm. “Having the strength of North Shore in our corner has made all the difference in the world,” says Wildrick.

Also in late 2005, Shred First was selected by Inc. magazine as one of the 500 fastest growing company’s in the U.S., and the company was selected by the State Chamber and Elliot Davis LLP as the 17th fastest growing company in South Carolina.

Shred First Currently serves customers in North Carolina, South Carolina, Georgia, Alabama, the Florida panhandle, Texas and Northern California with two processing facilities in South Carolina and one each in Texas, Alabama, and California. The company also services national contracts through a network of sub-contractors.