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VIQ Solutions' Australian units entered voluntary administration to focus on stronger North American and UK operations, with no immediate service disruptions.
VIQ Solutions Inc. announced on March 15, 2026, that its Australian subsidiaries have entered voluntary administration under Australia’s Corporations Act to refocus on stronger North American and UK operations.
The move, driven by a challenging environment and declining performance in Australia, aims to preserve stakeholder value and support ongoing court and law enforcement services.
The company stated the action reflects a strategic shift, not broader financial distress, and confirmed no immediate service disruptions.
It remains committed to fulfilling client obligations and plans to streamline operations for improved performance in 2026.
Michael Wolfe will become CFO on April 1, succeeding Alexie Edwards.
A management services agreement with CEO Larry Taylor was also announced.
Las unidades australianas de VIQ Solutions entraron en administración voluntaria para centrarse en operaciones más fuertes en América del Norte y el Reino Unido, sin interrupciones inmediatas del servicio.