Thursday, June 12, 2014

Ricoh Canada agrees to acquire Commonwealth Legal

MISSISSAUGA, ON, Jun 11, 2014 -- Ricoh Canada Inc. announced today that it has signed a definitive agreement to acquire Commonwealth Legal Inc. The acquisition is anticipated to close within the next 60 days. 

The transaction provides tremendous benefits for both organizations, and significantly impacts the quality of products and services available to Canadian customers in the litigation support services space. Commonwealth Legal will continue to service their customers as they do today, and will effectively remain unchanged from an operational perspective. 

According to Glenn Laverty, President and CEO of Ricoh Canada, "Commonwealth Legal and Ricoh Canada are an ideal fit for each other. The mark of a great acquisition is where both parties gain a competitive advantage, and are able to mutually show an immediate and positive impact. This is the exact scenario we have here." 

Commonwealth Legal is a well-respected litigation support and ediscovery provider that specializes in secure cloud-based ediscovery and archiving solutions and services with an emphasis on security, quality and defensibility. This expertise, along with their unique Managed Services offering, complements Ricoh Canada's strong reputation for Legal Document Services (LDS) - a portfolio of services that deliver Document Management/Content Management offerings, including document imaging and IT services, tailored specifically to the legal market. 

"As a division of Ricoh Canada we will be able to combine our expertise and technology solutions with Ricoh's capacity, resources, and commitment to customer service," says Karen Brookman, President of Commonwealth Legal. "We have always operated as a specialized boutique service provider to Canadian law firms, government agencies and corporations. Now as part of Ricoh Canada, a trusted Canadian company with global reach, we will deliver an unparalleled full-service offering to our clients with more ease and accessibility than ever before."

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