What Multishred does

Multishred is a privately held Canadian IT and secure data destruction company headquartered in Elmvale (Ottawa), Ontario. Founded in 2004 and operating with 11-50 employees, the company provides certified physical destruction services for paper documents, hard drives, backup tapes, cell phones, USB devices, CDs, DVDs, and specialized items such as uniforms, prototypes, lottery terminals, and security cards. Service delivery occurs either on-site at client locations via mobile shredding trucks or at Multishred's secure Ottawa facility by appointment, with every project documented through a Certificate of Destruction issued by the company's Chief Security Officer.

The company's underlying technology stack consists of Government of Canada approved shredding and destruction equipment, including cross-cut, micro-cut, and super micro-cut shredders, degaussers, and disintegrators from brands such as HSM, Destroyit, Intimus, JBF, Herbold, MAXXeGUARD, Proton, Garner, and SEM. All equipment is listed on the RCMP Security Equipment Guide, and Multishred holds CSE ITSP 40.006 V2 compliance up to and including Top Secret classification for IT Media destruction, RCMP-compliant paper destruction certification, Controlled Goods Program registration, and PIPEDA/PHIPA compliance. Beyond destruction services, the company sells this equipment and associated parts and supplies, provides technician repair and maintenance across all major brands, and offers off-site tape storage and rotation as a managed service.

Multishred operates a dual go-to-market motion: enterprise field sales targeting government agencies, defence, healthcare, financial services, aerospace, IT, and education verticals, alongside a direct-to-consumer channel for SMBs, home offices, and individuals through drop-off shredding and scheduled console pick-ups. Pricing is fully quote-based with an explicitly stated no-hidden-fees policy, and revenue streams span professional services (shredding/destruction, consulting, repair), hardware sales (equipment, parts, supplies), and managed services (tape storage and rotation). The company reports zero security breaches across its operating history and self-positions as Canada's leader in high-security shredding for over a decade.

Name

Multishred

Legal name

Multishred

Website

https://multishred.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Multishred is a privately held Canadian secure data destruction company providing CSE ITSP 40.006 V2 and RCMP-compliant shredding services for paper, hard drives, IT media, and specialized items, plus equipment sales, repair, and tape storage, serving government, defence, healthcare, financial, and SMB clients.

Ownership category

akta.pro rank

Product category

Secure Data Destruction Services

NAICS

Waste Management and Remediation Services (562), Materials Recovery Facilities (56292)

SIC

Refuse Systems (4953)

akta.pro primary industry

Data Destruction Services (On-site/Off-site, Media Sanitization) (BPALAIAC)

akta.pro secondary industries

IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA), IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK), IT Asset Disposition (ITAD) & Data Destruction (EUAIAIAB), Confidential Document & Media Destruction (On-site Shredding Programs) (BPABALAI)

Keywords

• Secure document shredding
• IT media destruction
• Data destruction services
• Shredding equipment sales
• Tape storage rotation

Headquarters

HQ city

Elmvale

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Shredding and Destruction Services: On-site and off-site shredding services including hard drive and IT media destruction, paper shredding, and specialized item destruction. Services provided to government, corporate, and individual clients with pricing quote-based.
2. Equipment Sales: Sale of Government of Canada approved office and industrial shredding, degaussing, and destruction equipment including HSM, Destroyit, Intimus, JBF, Herbold, MAXXeGUARD, Proton, Garner, and SEM brands.
3. Parts and Supplies: Full line of shredder, disintegrator, and destroyer parts and supplies including bags, oil, and components for all major equipment brands.
4. Repair and Maintenance Services: Technician services for maintaining and repairing all makes and models of shredders and disintegrators, covering office to large scale industrial equipment.
5. Tape Storage and Rotation: Off-site tape storage and backup/retrieval services in secure facilities for daily, weekly, or monthly media rotation schedules.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

Multishred provides high-security shredding and destruction services for paper documents, hard drives, IT media, and specialized items, delivered on-site at client locations or at its secure Ottawa facility. The company also sells Government of Canada approved shredding, degaussing, and disintegration equipment, supplies parts, performs repair and maintenance, and offers off-site tape storage and rotation. Data security consulting is provided to organizations needing help designing secure destruction programs.

Product overview

Multishred is a Canadian-owned data destruction services and equipment company offering a unified portfolio of secure shredding solutions. The core offerings consist of on-site and facility-based destruction services (Hard Drive and IT Media Destruction, Paper Shredding, Specialized Item Shredding, Tape Storage and Rotation, and Data Security Consulting), complemented by a full equipment line (Government of Canada Approved Office and Industrial Shredders, IT Media Shredders/Degaussers/Destroyers). The company also provides repair and maintenance services plus parts and supplies, creating an end-to-end solution for organizations requiring certified data destruction compliant with CSE, RCMP, and NAID standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Hard Drive and IT Media Destruction Services Industry-leading physical destruction of data on hard drives, backup tapes, cell phones, USB devices, and other IT storage media, rendering data unrecoverable. A Certificate of Destruction is issued upon completion. Service is CSE ITSP 40.006 V2 compliant up to and including Top Secret level, targeting government, defence, IT, healthcare, and financial organizations.
• Paper Shredding Secure destruction of confidential paper documents including one-time purge shredding, regularly scheduled console pick-ups, and drop-off services at the secure Ottawa facility. Offered to government agencies, enterprises, small businesses, home offices, and individual clients with multiple shredding sizes available.
• Specialized Item Shredding / Destruction Secure destruction of specialty and non-paper items including uniforms, prototypes, lottery terminals, security cards, maps, banners, film footage, and other non-standard items requiring secure disposal.
• Tape Storage and Rotation Off-site media rotation services for backup tapes with secure transport and storage at Multishred's secure facility, offered on flexible daily, weekly, or monthly rotation schedules for organizations needing offsite backup media management.
• Data Security Consulting Services Physical data security consulting to help organizations develop comprehensive data security programs covering IT media and paper document handling, including policy, process, and equipment recommendations.
• Shredder and Disintegrator Repair & Maintenance Technician maintenance and repair services for all makes and models of shredders and disintegrators, covering equipment from office to large-scale industrial applications.
• Government of Canada Approved Office Shredders RCMP-approved office shredders from HSM, Destroyit, and Intimus brands engineered and built in Germany, covering security levels from Protected B/Confidential to Secret/Top Secret, sold to government agencies and regulated organizations.
• Government of Canada Approved Industrial Shredders / Degaussers / Disintegrators Industrial-grade shredders, disintegrators, and granulators for high-volume destruction of IT media and paper, including JBF, Destroyit, Proton, Herbold, and MAXXeGUARD equipment.
• IT Media Destruction Equipment (Shredders, Degaussers, Destroyers) Full line of IT media shredders, degaussers, and destroyers for corporate and data center environments, including JBF, MAXXeGUARD, Proton, and Garner brands.
• Industrial Shredding and Destruction Equipment Customizable industrial shredding and disintegration equipment for applications beyond hard drives and IT media, including plastics, textiles, ammunition shells, tires, and aluminum wheel rims.
• Parts and Supplies Full line of shredder, disintegrator, and destroyer parts and supplies for all major brands including HSM, Destroyit, Intimus, EBA, Dahle, Fellowes, JBF Maschinen, Herbold USA, MAXXeGUARD, Proton, Garner, and SEM, including bags, oil, and components.

Quantifiable outcome

• Zero security breaches in company history
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Shred-it (Stericycle): Stericycle's document and IT media destruction division, the largest mobile shredding and ITAD operator in North America with established Canadian operations. Directly comparable to Multishred across paper shredding, hard drive destruction, and recurring service contracts.
• PROSHRED Security: North American mobile shredding franchise specializing in on-site paper and media destruction for enterprise and government clients. Directly comparable service model to Multishred's on-site shredding and recurring console programs.
• DataShield: Document and data destruction services provider with NAID AAA certification across North America. Closely comparable service offering to Multishred, including recurring console service and certified destruction for regulated industries.
• Reclamere: IT asset disposition and data destruction specialist focused on hard drive sanitization and e-waste. Directly comparable ITAD-focused offering alongside Multishred's hard drive and IT media destruction services.
• Access Information Management: Records management and secure destruction services provider with North American operations. Overlaps Multishred in physical document destruction, secure shredding, and chain-of-custody service delivery.

Broad incumbents

• Sims Lifecycle Services: Global IT asset disposition and secure data destruction provider, part of Sims Metal Management. Overlaps with Multishred on enterprise IT media destruction at much larger scale and with broader e-waste recycling operations.
• Iron Mountain: Global records management, secure shredding, and IT asset disposition provider. Operates a broad portfolio that overlaps Multishred's destruction and tape storage services, but at far greater scale and with cross-sell into records management.
• Heritage-Crystal Clean: Environmental services company with a hazardous and specialty waste segment that includes parts and components overlapping secure destruction and disposal. Adjacent competitor for industrial destruction and environmental compliance.
• Recall (Securitas): Securitas-owned secure information management and destruction provider with global operations. Competes in secure document and data destruction, with broader physical security service offerings than Multishred.
• GFL Environmental Services: Canadian-headquartered diversified environmental services firm with solid waste, recycling, and secure document destruction operations. Provides a broader waste-management platform into which document destruction is bundled, competing for the same Canadian customers as Multishred.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multishred