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iQor revamps

June 4, 2019 - iQor has completed the sale of its logistics and product service assets in Europe, Asia, South America, Canada and certain non-core assets in the United States. This transaction allows iQor, based in St. Petersburg, to focus on its rapidly expanding end-to-end customer strategy which is a key component of supporting its business process outsourcing customers in North America, a news release said. Staple Street Capital, a private investment firm, bought the divested business and will rename it Ivy Technology. iQor's remaining logistics footprint will support 450 million consumers in the United States and Mexico and the company will have about $1 billion in revenue.  

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