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IPSA International Announces Acquisition of Vancouver-Based West Coast Investigations & Consulting Inc.
Presence in Vancouver Lays Groundwork For Further Penetration of Asian Market
Toronto, Canada November 11, 2002 - IPSA International, Inc., a premier full-service business risk consulting and investigative services company, announced today that it has acquired Vancouver, BC Canada-based West Coast Investigations and Consulting Inc. (WCIC), a leading global investigative consultancy. Financial details of the transaction were not disclosed. However under terms of the agreement, WCIC will be fully integrated into IPSA including taking on the IPSA International moniker.
Kenneth I. (Kim) Marsh, the current president of WCIC, will become a Managing Director of IPSA and report into IPSA's Toronto office.
"We are excited to join forces with a key global player like IPSA," said Mr. Marsh. "The forensic investigative industry is growing rapidly, making it advantageous for us to partner with a stable, high quality firm, with a strong international presence."
"The acquisition of WCIC will help facilitate our penetration of the global marketplace, especially in Asia as Vancouver will play a major role acting as the gateway to that part of the world," said Jamie Keating, CEO of IPSA International. "We look forward to working closely with Kim Marsh and his team."
About West Coast Investigations & Consulting Inc.
With headquarters in Vancouver, British Columbia, WCIC provides a global investigative service with an emphasis on due diligence, litigation support, internal theft and fraud investigation, asset tracking and asset recovery.
About IPSA International, Inc.
IPSA International, Inc. is an international risk advisory firm which provides clients in the corporate, financial and legal communities with high-end investigative consulting services. IPSA's preferred practice areas are: Anti-Money Laundering, Intellectual Property,
Asset Location, Fraud Investigations and Due Diligence services.
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Jillian Bernaiche
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