Five Star acquires ShredX, adds shredding to growing list of services.
Five Star Carting (“Five Star”), an affiliate of GPB Capital has acquired ShredX, a NAID certified paper shredding, document destruction, and paper recycling business. ShredX provides services to hundreds of customers, primarily hospitals and law firms, throughout the NY/NJ region.
In today’s world, information security is more important than ever, and businesses are held to strict standards when it comes to handling sensitive information. Document shredding, when done correctly, is a cost-effective and environmentally friendly way for private businesses and public agencies alike to ensure they are in compliance with the law.
Five Star will integrate ShredX as an expansion of its current service offerings to existing customers. Brian Kaffee, the founder and former president of ShredX, has joined the parent company, and will continue to run ShredX operations. During the first half of 2018, ShredX will move from their location in Saddle Brook, NJ, to Five Star’s Lyndhurst, NJ facility.