Protiviti Acquires Canada-Based Creative Options and Radius

MENLO PARK, Calif., Feb. 15 /PRNewswire/ -- Protiviti Inc., a leading provider of risk consulting and internal audit services, today announced it has completed its acquisition of Creative Options and Radius, two Canadian companies that specialize in the retail sector and focus on delivering loss prevention and risk management strategies, along with employee awareness and training programs. Financial details regarding the transaction were not disclosed.

Creative Options and Radius are recognized industry leaders with skilled professionals experienced in assisting Fortune 1000 retailers throughout North America. Radius specializes in providing on-site loss prevention and risk management strategies to address issues such as shrink, identity theft, worker safety, supply chain logistics and crisis management, among many others. Creative Options focuses on communicating these loss prevention and risk management strategies to all levels of a client's organizational structure. Its primary services include employee awareness programs and communications, customized web portals for clients to track loss prevention and safety metrics, and an audit software application for handheld or web-enabled computers. These services are now part of Protiviti's retail industry practice.

"Our acquisition of Creative Options and Radius provides considerable new business opportunities not only for our retail practice, but also for our other industry product offerings," said Everett Gibbs, managing director of Protiviti. "Many of our retail clients have expressed interest in having Protiviti assist them with risk management related to loss prevention and employee safety and awareness. We are pleased to now have the deep competencies and capabilities to address these needs through the proven methodologies and highly experienced professionals of Creative Options and Radius."

The founder of Creative Options and co-founder of Radius, Patricia Quinn, joins Protiviti as a managing director, as does Radius co-founder Craig Matsumoto, head of the firm's loss prevention practice. Quinn will be based in Protiviti's new office in Waterloo, Ontario, while Matsumoto will be based in Protiviti's Boston office. More than 30 professionals from Creative Options and Radius are joining Protiviti's full-time staff. They will work from Protiviti's Waterloo office as well as several Protiviti locations in the United States.

About Protiviti Inc.

Protiviti is a leading provider of independent risk consulting and internal audit services. The firm helps clients identify, assess and manage operational and technology-related risks encountered in their industries, and assists in the implementation of the processes and controls to enable their continued monitoring. Protiviti also offers a full spectrum of internal audit services to assist management and directors with their internal audit functions, including full outsourcing, co-sourcing, technology and tool implementation, and quality assessment and readiness reviews.

Protiviti, which has more than 45 locations in North America, Latin America, Europe, Asia and Australia, is a wholly owned subsidiary of Robert Half International Inc. (NYSE symbol: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.

NOTE: Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.