Atlanta company leases space in Providence for data-products group

PROVIDENCE – Epiq Systems Inc. has occupied a 6,000-square-foot space at 1 Cedar St., according to MG Commercial Real Estate.

Epiq is establishing a data-products group in the city, aimed at the legal services industry. The Atlanta-based company takes on large-scale duties for law firms, corporate counsel and business professionals, according to a news release.

The Rhode Island group eventually will have about 30 people.

The space it leased is in a building owned and managed by Omni Development Corp.

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In April, the R.I. Commerce Corp. authorized the use of state tax incentives to attract the company. The board approved $1.2 million over a 10-year period, assuming the company creates at least 25 positions and maintains them for 12 years. The median salary for the new positions is expected to be $110,000.

Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.