NorthShore Capital Advisors Closes Deals for 3GS, LLC

Knoxville, TN, May 29, 2009 --(PR.com)-- Greg W. Needham, vice president of marketing and business development of NorthShore Capital Advisors (www.northshore-capital.com), has announced that the firm has closed several deals for 3GS, LLC, a business venture formed to consolidate the document destruction industry. Since its inception in 2008, 3GS has acquired seven document destruction firms with NorthShore acting as the exclusive advisor for each transaction. Through acquisitions, 3GS expects to form the largest independent document destruction company in North America.

Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service mergers and acquisitions and business advisory firm. NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring. For more information about NorthShore Capital Advisors, visit their Web site at www.northshore-capital.com.

“We are pleased to announce seven deals successfully completed by NorthShore Capital Advisors for 3GS,” said Needham. “Since the beginning, 3GS has been a huge success and we are excited to continue to help the firm execute their aggressive growth strategy of becoming the largest independent document destruction company in North America. NorthShore has had a long-standing history in the business services industry and is recognized today as the leading intermediary in the document destruction space having transacted more than 50 deals.”

About NorthShore Capital Advisors:
Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service mergers and acquisitions and business advisory firm. NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring. With its practical understanding of the issues facing a business, NorthShore keenly applies strategy, creativity and dynamic courses of action to achieve the most advantageous outcome for clients. NorthShore’s team includes an uncommon blend of investment banking, operational and management experience rooted in business services, healthcare, consumer products, retail, manufacturing, distribution and recreation. In 2008, NorthShore was recognized by BusinessTN magazine on the Hot100 list, spotlighting fast-growing and successful companies that enrich the local and regional economies, provide jobs and fuels Tennessee’s entrepreneurial culture. For more information about NorthShore Capital Advisors, call (865) 862-4942 or visit www.northshore-capital.com.

Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty@mmimarketing.com

###
Contact
NorthShore Capital Advisors
Patty Briguglio
919-233-6600
www.mmimarketing.com
ContactContact
Categories