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The latest update is out from Intouch Insight ( (TSE:INX) ).
Intouch Insight Ltd. has announced a definitive agreement to acquire the assets of ClearPoint Solutions US, LLC, a company specializing in in-store merchandising services. This strategic acquisition, valued at an initial cash payment of USD $250,000, aims to accelerate Intouch’s expansion into the merchandising market by leveraging ClearPoint’s established revenue streams and experienced team. The acquisition aligns with Intouch’s strategic goals, providing an immediate platform for growth and mitigating risks associated with building a new division. ClearPoint’s President, Sam Hersey, will continue to lead the merchandising business under Intouch, focusing on client acquisition and satisfaction.
More about Intouch Insight
Intouch Insight offers a comprehensive range of customer experience management (CEM) products and services designed to help global brands enhance customer satisfaction, strengthen brand reputation, and improve financial performance. Established in 1992, Intouch is trusted by over 300 leading brands in North America for solutions including customer experience management, customer surveys, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture, and event marketing automation.
Average Trading Volume: 15,878
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$10.9M
Learn more about INX stock on TipRanks’ Stock Analysis page.