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Announced

RGIS to acquire a majority stake in Ivalis Group from Ekkio for $26.4m.

Synopsis

RGIS, the global firm in inventory and data collection, agreed to acquire a majority stake in Ivalis Group, an inventory and retail services provider, from Ekkio for $26.4m. "RGIS and Ivalis were competitors for many years and have both always maintained a strong common ethical value with respect for both employees and customers. Our people are our strength and we will need the combined talent of both RGIS and Ivalis to continue to deliver our high level of service to all of our customers," Asaf Cohen, RGIS CEO.

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