on Agilence, Inc.
Agilence Acquires IntelliQ to Extend Market Leadership for Loss Prevention Software
Agilence, Inc. announced the acquisition of IntelliQ Limited, a UK-based loss prevention software provider, on May 30, 2024. The acquisition strengthens Agilence's global position in loss prevention, case management, and store audit software. Together, Agilence and IntelliQ boast over 20 years of expertise, serving customers across the Americas, EMEA, and APAC.
The collaboration aims to help professionals reduce shrink, increase profits, and ensure employee and customer safety. The combined resources and expertise will offer the broadest range of loss prevention capabilities in the market.
"Shrink remains a significant issue impacting profits in various sectors," said Russ Hawkins, CEO of Agilence. "The combined analytics and customer success teams of Agilence and IntelliQ will help customers improve their operations and profitability."
This acquisition adds over 50 customers to Agilence's portfolio and expands its presence in EMEA and APAC. New products, analytic modules, and artificial intelligence capabilities will enhance compliance and customer experience while combating organized retail crime.
Alex Jazayeri, CEO of IntelliQ, expressed excitement about joining Agilence, highlighting the shared focus on customer success and product excellence.
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