Agilence acquires loss prevention software provider

Agilence has acquired IntelliQ, a UK-based provider of loss prevention software for restaurants, retailers and entertainment companies.

The acquisition expands Agilence’s global footprint and further strengthens its position as a leader in loss prevention, case management and store audit software.

Agilence & IntelliQ

Agilence and IntelliQ share a vision to help loss prevention and operations professionals reduce shrink and increase profits whilst ensuring the safety and satisfaction of employees and customers.

The acquisition will bring together the expertise and resources of both companies.

“Shrink continues to be a major factor contributing to reduced profits everywhere customers and companies meet – in stores, at restaurants, in amusement parks and online,” commented Russ Hawkins, CEO, Agilence.

“According to the National Retail Federation (NRF), nearly two thirds of shrink can be controlled by companies,” Hawkins continued.

“With the addition of IntelliQ, our combined best in class analytics with award winning customer success teams will allow our customers to understand their operations and take corrective action to improve profits.”