3gs, LLC Acquires the Shredding Operations of Databank Business Services, Inc.
Knoxville, TN, March 27, 2009 --(PR.com)-- 3GS, LLC, a business venture formed to consolidate the document destruction industry, has acquired the shredding operations of Databank Business Services, Inc., marking the sixth acquisition for 3GS. Located in Montgomery, Ala., Databank provides onsite and offsite material destruction solutions that help businesses stay in compliance with the ever increasing state and federal laws.
Through acquisitions, 3GS expects to form the largest independent document destruction company in North America. Mike Boehringer, formerly of EZshred and Shredding Solutions, is CEO of 3GS, LLC, and oversees the strategic acquisitions and integration of companies. Mike West serves on the 3GS, LLC board of directors and is managing partner of NorthShore Capital Advisors, a full-service mergers and acquisitions and business advisory firm. For more information on 3GS, LLC, call (865) 862-4942.
“The Databank Business Services deal, led by NorthShore Capital Advisors associate Tommy Stafford, marks the sixth acquisition for 3GS,” said Boehringer. “With a full pipeline of prospects and added operations staff in Knoxville, we are pleased with the continued growth of 3GS.”
“We are happy to announce the acquisition for the shredding operations of Databank Business Services, Inc.,” said West. “Databank is well-respected for providing superior material destruction services in the Southern Alabama market.”
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.
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.
Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty@mmimarketing.com
###
Through acquisitions, 3GS expects to form the largest independent document destruction company in North America. Mike Boehringer, formerly of EZshred and Shredding Solutions, is CEO of 3GS, LLC, and oversees the strategic acquisitions and integration of companies. Mike West serves on the 3GS, LLC board of directors and is managing partner of NorthShore Capital Advisors, a full-service mergers and acquisitions and business advisory firm. For more information on 3GS, LLC, call (865) 862-4942.
“The Databank Business Services deal, led by NorthShore Capital Advisors associate Tommy Stafford, marks the sixth acquisition for 3GS,” said Boehringer. “With a full pipeline of prospects and added operations staff in Knoxville, we are pleased with the continued growth of 3GS.”
“We are happy to announce the acquisition for the shredding operations of Databank Business Services, Inc.,” said West. “Databank is well-respected for providing superior material destruction services in the Southern Alabama market.”
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.
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.
Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty@mmimarketing.com
###
Contact
NorthShore Capital Advisors
Patty Briguglio
919-233-6600
www.mmimarketing.com
Patty Briguglio
919-233-6600
www.mmimarketing.com
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