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
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website shred-tech.com
- Social LinkedIn X Facebook
- Acquired by Heico Companies (Aug 2019)
- InvestorsCAI Capital Partners
& 1 more
- Investments & AcquisitionsAXO
& 1 more
- Acquired byHeico Companies
(Aug 2019)
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2004 | – | Private Equity Round | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed for founder-owned Canadian businesses. | 1989 | caifunds.com | Vancouver, Canada | |
A family-owned conglomerate, operations are managed across diverse industrial sectors. | 1979 | heicocompanies.com | - |
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).
| Name | Role | Group |
|---|---|---|
Robert Glass | President and CEO | Leadership |
Chrl Cheryl van Dreumel | Director, Human Resources | Leadership |
Elan Sivakumar | Director Of Engineering | Leadership |
Paul Worndl | Vice President Of Engineering | Leadership |
Hugo Marques | Vice President, Operations & CI | Leadership |
Tom MacErollo | President | Leadership |
Ben Street | Marketing Director | Leadership |
Dyan Patey | Senior Talent Acquisition Partner | Leadership |
Michelle Calizto | Engineering Team Leader | Team |
Mike Vanderzwaag | Project Management Team Leader | Team |
Rob Korvemaker | Manufacturing Engineer | Team |
Hao Sun | Buyer | Team |
Amit Rawat Mba, Cscp Candidate | Buyer | Team |
Sebastian Groza | Buyer | Team |
Loai Allan | Senior System Administrator | Team |
P.eng. Buvanesh Jayapal | Application Engineer | Team |
Yogi Nandwani | New Product Development Engineer | Team |
Candia Porter | Electrical Designer | Team |
Jason O. | Engineering Manager - Mobile | Team |
Divyesh Patel | Electrical Engineering Specialist | Team |
9 more people are available in the full profile.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Waste-tire processing systems and equipment are manufactured globally. | cmshredders.com | Sarasota, United States | 1875 | Mar 2024 | β’β’β’β’ | |
Recycling services are provided across the United States. | axo.cc | Kirkland, United States | 2000 | Aug 2016 | β’β’β’β’ |
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.
- Founded Shred Tech is founded.
- Funding First funding round.
- Acquisition Acquires AXO.
- Exit Acquired by Heico Companies.
- Acquisition Acquires CM Shredders.
Web traffic of Shred Tech
The website of Shred Tech (shred-tech.com) receives about 10K visits a month.
- Monthly visits10K
▼ 6.5% vs previous month
Websites whose visitors overlap most with Shred Tech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ultrashred.com | ultrashred.com | 100% | – | – | β |
| machinerypartner.com | 71% | 24.1K | #1,234,242 | View details | |
williamscrusher.com | williamscrusher.com | 58% | – | #4,962,037 | β |
pallmannindustries.com | pallmannindustries.com | 52% | – | #8,115,333 | β |
| prab.com | 50% | – | #2,256,927 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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.
