Unisync Corp. (TSXV:UNI) reached an agreement in principle to acquire Hospitality Business & Assets of Red The Uniform Tailor, Inc. for $0.76 million on December 12, 2018. Under the terms, the purchase price is subject to customary working capital adjustments. The transaction with Unisync excludes the public service and security business of Red. The transaction, which is subject to certain closing conditions and the execution of definitive closing documentation, is expected to close on or before January 15, 2019. Unisync Corp. (TSXV:UNI) completed the acquisition of Hospitality Business & Assets of Red The Uniform Tailor, Inc. on January 10, 2019.