Shred Tech

Cambridge, Canada Founded: 1978 • Age: 48 yrs Acquired By Heico Companies
Shredding and recycling systems are manufactured for industrial applications.

About Shred Tech

Shred Tech is a company based in Cambridge (Canada) founded in 1978 was acquired by Heico Companies in August 2019. Shred Tech has completed 2 acquisitions, including AXO and CM Shredders.

  • Headquarter Cambridge, Canada
  • Email
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  • Phone
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  • Website shred-tech.com
  • Social LinkedIn X Facebook
  • Acquired by Heico Companies (Aug 2019)
Key Metrics

Funding Insights of Shred Tech

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Shred Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2004–Private Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Shred Tech

Shred Tech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CAI Capital Partners and The Heico Companies.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed for founder-owned Canadian businesses.
1989caifunds.comVancouver, Canada
A family-owned conglomerate, operations are managed across diverse industrial sectors.
1979heicocompanies.com-
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Investor details for Shred Tech

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Shred Tech

29 people are tracked at Shred Tech (8 in leadership, 21 in team).

NameRoleGroup
Robert Glass
President and CEOLeadership
Chrl Cheryl van Dreumel
Director, Human ResourcesLeadership
Elan Sivakumar
Director Of EngineeringLeadership
Paul Worndl
Vice President Of EngineeringLeadership
Hugo Marques
Vice President, Operations & CILeadership
Tom MacErollo
PresidentLeadership
Ben Street
Marketing DirectorLeadership
Dyan Patey
Senior Talent Acquisition PartnerLeadership
Michelle Calizto
Engineering Team LeaderTeam
Mike Vanderzwaag
Project Management Team LeaderTeam
Rob Korvemaker
Manufacturing EngineerTeam
Hao Sun
BuyerTeam
Amit Rawat Mba, Cscp Candidate
BuyerTeam
Sebastian Groza
BuyerTeam
Loai Allan
Senior System AdministratorTeam
P.eng. Buvanesh Jayapal
Application EngineerTeam
Yogi Nandwani
New Product Development EngineerTeam
Candia Porter
Electrical DesignerTeam
Jason O.
Engineering Manager - MobileTeam
Divyesh Patel
Electrical Engineering SpecialistTeam

9 more people are available in the full profile.

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Complete people profiles for Shred Tech

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Shred Tech

Shred Tech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AXO and CM Shredders.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Waste-tire processing systems and equipment are manufactured globally.
cmshredders.comSarasota, United States1875Mar 2024β€’β€’β€’β€’
Recycling services are provided across the United States.
axo.ccKirkland, United States2000Aug 2016β€’β€’β€’β€’
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Complete acquisition details for Shred Tech

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Shred Tech

5 dated milestones of Shred Tech across 46 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shred Tech is founded.
  2. Funding First funding round.
  3. Acquisition Acquires AXO.
  4. Exit Acquired by Heico Companies.
  5. Acquisition Acquires CM Shredders.

Web traffic of Shred Tech

The website of Shred Tech (shred-tech.com) receives about 10K visits a month.

  • Monthly visits
    10K

    ▼ 6.5% vs previous month

Similar websites

Websites whose visitors overlap most with Shred Tech. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ultrashred.com
ultrashred.com
100%
–––
machinerypartner.com
71%
24.1K#1,234,242View details
williamscrusher.com
williamscrusher.com
58%
–#4,962,037–
pallmannindustries.com
pallmannindustries.com
52%
–#8,115,333–
prab.com
50%
–#2,256,927View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Shred Tech

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Shred Tech

Shred Tech was founded in 1978 and raised its 1st funding round 26 years after it was founded.

Shred Tech is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.

Shred Tech was established in 1978 in Cambridge, Canada, where shredding and recycling systems have been produced since inception. Equipment for waste reduction and material recovery is designed and assembled, serving sectors such as manufacturing and environmental services. Operations encompass system customization, maintenance support, and global distribution from the Canadian headquarters. Focus remains on durable machinery for secure document destruction and scrap processing.

Shred Tech has made 2 acquisitions, including AXO, and CM Shredders.

Shred Tech has 2 investors. Key investors include CAI Capital Partners, and The Heico Companies.

Yes. Shred Tech was acquired by Heico Companies in August 2019.

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