Origin Merchant Partners (“Origin”) announces it acted as Exclusive Financial Advisor to ET Group, a leading Canadian workplace technology and collaboration integrator, on its acquisition by Ricoh Canada Inc., a subsidiary of Ricoh.
This strategic acquisition accelerates Ricoh’s expansion into high‑growth digital services, strengthens its position as a leading provider of end‑to‑end workplace experience solutions in Canada, and reinforces its global strategy to support an evolving workplace environment.
By integrating ET Group’s audiovisual (AV) engineering expertise and long‑standing reputation for designing, delivering and supporting enterprise-wide collaboration environments — particularly within government and other highly regulated sectors — Ricoh further enhances its ability to provide scalable, technology‑driven workplace solutions across Canada.
« Businesses today need secure, seamless, and intelligent workplaces that empower people to collaborate from anywhere, » said Meagan Moody, Country Manager, Ricoh Canada Inc. « ET Group’s proven AV expertise, innovative service model, and deep customer trust are a perfect complement to Ricoh’s digital services portfolio. Together, we can expand our impact and bring new value to organizations navigating increasingly complex workplace needs. »
The acquisition formalizes and expands the existing partnership between Ricoh and ET Group, which will operate as a wholly owned subsidiary of Ricoh Canada. This combined portfolio enables organizations to design, connect, and manage the workplace as a unified, intelligent environment.
About ET Group:
ET Group – a division of Pistil Enterprises Ltd. – is a Toronto-based audiovisual technology company focused on providing workplace technology solutions in North America. Alongside its design and integration expertise, ET Group provides top-tier service and support, as well as learning experiences to coach clients on new hybrid work practices. For 50 years, the company has helped its clients tackle their evolving and complex communication and collaboration challenges by providing workplace technology solutions that support their unique needs.
About Ricoh Company Ltd:
Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance. Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2025, Ricoh Group had worldwide sales of 2,527 billion yen (approx. 16.8 billion USD).
It is Ricoh’s mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.
Press Release: Ricoh acquires leading Canadian workplace technology and collaboration integrator ET Group
Deal team: Andrew Muirhead, Tedi Gjoleka
