Entrepreneurs Initiate Consolidation of Document Destruction Industry
Knoxville, TN, July 04, 2008 --(PR.com)-- Business entrepreneurs, Mike Boehringer and Mike West, have launched 3GS, LLC, a new business venture to consolidate the document destruction industry. Through acquisitions, the company expects to form the largest independent document destruction company in North America. Boehringer, formerly of EZshred and Shredding Solutions, is CEO of 3GS, LLC, and will oversee the strategic acquisitions and integration of companies. West serves on the 3GS, LLC board of directors, and is managing partner of NorthShore Capital Advisors, a full-service, business advisory firm. For more information on 3GS, LLC, please call (865) 862-4942.
“Targeted mergers or acquisitions are essential if a company is to outgrow the competition. Organic growth alone is not the route to sustained growth,” said Boehringer. “Additionally, no one in the industry is poised to take advantage of this more than 3GS. This is a very exciting time for the 3GS team and our future companies.”
“After almost a decade of public company led transactions in the destruction industry, we feel now is the time for a secondary consolidation given the bullish environment,” said West. “Our years of experience tell us that the timing is right given the number of companies in the document shredding market. This offered a unique opportunity to bring together outstanding industry talent to aid this business venture.”
About 3GS, LLC
3GS, LLC is a Knoxville, Tenn.-based document destruction company led 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 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. 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
PR Firms Raleigh, NC
###
“Targeted mergers or acquisitions are essential if a company is to outgrow the competition. Organic growth alone is not the route to sustained growth,” said Boehringer. “Additionally, no one in the industry is poised to take advantage of this more than 3GS. This is a very exciting time for the 3GS team and our future companies.”
“After almost a decade of public company led transactions in the destruction industry, we feel now is the time for a secondary consolidation given the bullish environment,” said West. “Our years of experience tell us that the timing is right given the number of companies in the document shredding market. This offered a unique opportunity to bring together outstanding industry talent to aid this business venture.”
About 3GS, LLC
3GS, LLC is a Knoxville, Tenn.-based document destruction company led 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 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. 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
PR Firms Raleigh, NC
###
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NorthShore Capital Advisors
Patty Briguglio
919-233-6600
www.mmimarketing.com
Patty Briguglio
919-233-6600
www.mmimarketing.com
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