Recent Acquisition Expansion Legal Shred recently acquired Record Storage Solutions Inc., expanding its service capabilities in secure records storage and management, offering cross-selling opportunities in comprehensive document destruction and storage solutions.
Market Position & Revenue With an estimated revenue between 1 million to 10 million and a specialized focus on mobile and offsite shredding services, Legal Shred presents potential for growth by targeting clients seeking secure document destruction, particularly in sectors with sensitive information.
Security & Privacy Focus Legal Shred emphasizes privacy protection and secure destruction of sensitive documents, making it a fitting partner for organizations with high compliance standards, such as financial institutions, healthcare providers, and legal firms.
Local Service Model The company operates with a mobile service model in New York and Florida, offering personalized on-site and offsite shredding. This approach can be leveraged to upsell repeat service contracts and regional expansion opportunities.
Partnership & Community Engagement Legal Shred's partnerships, such as with TEG Federal Credit Union, indicate a community-focused approach that could be expanded to develop vendor relationships and referral networks within local business communities.