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Ricoh acquires ET Group to strengthen Canadian workplace technology services

Ricoh Canada Inc. has acquired ET Group, a Canadian workplace technology and collaboration integrator, to accelerate its expansion into high-growth digital services and strengthen its role as an end-to-end workplace experience provider in Canada. The transaction advances Ricoh’s global strategy to support evolving hybrid and digital workplaces by integrating ET Group’s enterprise-grade audiovisual (AV) design, integration and support capabilities, particularly in government and other highly regulated sectors. ET Group, which will operate as a wholly owned subsidiary, contributes a specialist team of AV engineers, designers, project managers and support staff focused on secure, resilient collaboration environments. The combined offering enhances Ricoh’s portfolio across hybrid meeting and collaboration solutions, managed digital workplace services, workplace experience and on-site staffing services, alongside mailroom automation and managed print, scan and fleet services, enabling organizations to design and manage unified, intelligent work environments. The deal also formalizes and scales an existing partnership between the companies and aligns with Ricoh’s broader global investments in workplace and AV managed services, including acquisitions in the United States, EMEA and Latin America. The article does not disclose the transaction value, any currency-denominated consideration, or the identity of legal or financial advisors involved in the acquisition, and therefore no Canadian-dollar equivalents or advisory roles can be reported based on the provided information.

Company

Ricoh Canada Inc.

Law Firm / Organization
Gardiner Roberts LLP

Company

ET Group

Law Firm / Organization
Not specified
Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Active