Agilence Announces Acquisition of IntelliQ to Extend Market Leadership for Loss Prevention Software

Agilence, Inc. has announced the acquisition of IntelliQ Limited, a UK-based provider of loss prevention software. This strategic acquisition aims to help customers minimize shrink and maximize profitability, expanding Agilence's global footprint and enhancing its leadership in loss prevention, case management, and store audit software.

Both Agilence and IntelliQ bring over 20 years of expertise in loss prevention, serving customers across the Americas, EMEA, and APAC. The unified vision of both companies focuses on reducing shrink, increasing profits, and ensuring the safety and satisfaction of employees and customers.

Russ Hawkins, CEO of Agilence, emphasized the importance of addressing shrink, which impacts profits across various sectors. The combination of Agilence’s analytics with IntelliQ's expertise aims to provide customers with better operational insights and corrective actions.

The acquisition also represents a significant growth opportunity, adding over 50 customers and expanding Agilence’s reach into EMEA and APAC. New products, analytic modules, and AI capabilities will enhance compliance, customer experience, and the fight against organized retail crime.

Alex Jazayeri, CEO of IntelliQ, expressed excitement about joining Agilence, highlighting the shared commitment to customer success and product excellence as a standard setter in the industry.