Company adds to its Mid-Atlantic market with acquisition of Delaware firm.
Cornerstone Records Management LLC, based in Colombia, Md., has completed the acquisition of the assets of All Star Shredding, New Castle, Del.
All Star Shredding provides plant-based and mobile shredding services in the greater Philadelphia market as well as throughout Delaware and northern Maryland.
“All Star represents an excellent fit with our existing Mid-Atlantic-based secured document destruction business,” says Steven Sisney, president and CEO of Cornerstone. “The combination of All Star with our existing business will result in improved service for our customers, increased route densities for our trucks, lower operating costs for our fleet and greater productivity at our shred plant.”
Sisney adds, “Besides expanding our existing presence in the Philadelphia and Delaware markets, All Star will support our penetration of the Baltimore market. All Star provides us with the resources to offer the customers of our recent acquisition of Baltimore-based Guardian Document Storage a complete range of shredding services.”
All Star will become part of Cornerstone’s Eastern division, which is based in King of Prussia, Pa.
All Star Shredding is the 11th acquisition completed by Cornerstone since June 2008.