Earlier, the Toronto businessman sold Proshred's 350-city Canadian operations to Iron Mountain Inc., a records management company. The acquisition completes Campbell's divestiture of Proshred Security to pursue other business interests. franchisees as well as all new operators they bring on board.'' ``The structure and process that they will introduce through Heron Capital will significantly benefit our existing U.S. franchisers of the company, which destroys documents through mobile shredding trucks. Ron Campbell, president of Proshred Security, said the transaction will help U.S. ``The major competitors are either corporately owned or moving in that direction, and the fact that Proshred operates under a franchising model with local owner-operators is a strong differentiator that guarantees the key ingredient for success: exceptional customer service.'' ``Shredding is a growth industry driven recently by changes in privacy legislation, and Proshred has both the track record and the sophisticated logistics systems to become a major player in the U.S.,'' said John Prittie, president of Heron Capital. operations to more than 60 markets from eight locations over the next few years, while also launching an international operation. Heron said it plans to expand the company's U.S.
in 2002 after growing into the largest service of its kind in Canada. operations of Proshred Security International Inc., a mobile document shredding service based in Toronto.įinancial terms of the deal announced Thursday were not revealed. Franchise management company Heron Capital Corp.
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