ValueClick
Alliance Data Systems Corporation
Public
Traded as NYSEADS
S&P 500 Component
Industry Loyalty marketing services
Founded December 2, 1996
Headquarters Plano, Texas, United States
Area served
USA, Canada
Key people
Ed Heffernan, President and CEO
Products Air Miles
Revenue IncreaseUS$6.439 billion (2015) [1]
Increase US$1.261 billion (2015)
Increase US$596.54 million (2015) [1]
Increase US$22.421 billion (2015)
Decrease US$2.01 billion (2015)
Number of employees
16,000 (2016) [2]
Subsidiaries LoyaltyOne
Epsilon
Alliance Data Retail Services
Website www.alliancedata.com

Alliance Data Systems Corporation is a publicly traded provider of loyalty and marketing services, such as private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.

History

Alliance Data headquarters in Plano, TX
Alliance Data headquarters in One Legacy Circle located at 7500 Dallas Parkway in Plano, TX

Alliance Data was formed from the December 1996 merger of two entities: J.C. Penney's credit card processing unit and The Limited's credit card bank operation, named World Financial Network National Bank.[3]

In August 1998, Alliance Data acquired LoyaltyOne, then-branded The Loyalty Group Canada, for $250 million.[4] The deal gave Alliance Data two valuable business enhancements, Canada's Air Miles Rewards Program and the company behind the popular Air Miles program, LoyaltyOne.[5]

In May 2007, Alliance Data and The Blackstone Group, a private equity firm, announced plans for Alliance Data to be acquired by The Blackstone Group.[6][7] In April 2008, Alliance Data terminated the merger agreement with Blackstone Affiliates.[8][9]

Ed Heffernan was promoted to president and CEO of Alliance Data in February 2009, after being with the company since 1998.[10][11][12]

Businesses

Alliance Data Card Services

Card Services is a provider of integrated credit and marketing services including private label, co-branded and commercial credit card programs. Alliance Data Card Services manages over 135[13] card programs for retail brands such as Victoria's Secret, J.Crew, Eddie Bauer, Buckle, HSN, Pottery Barn and Pier 1 Imports.[14]

In 2011, Alliance Data, in partnership with NICE Systems, was honored with the Operational Leadership Award for its customer care centers by Ventana Research.[15]

Alliance Data Card Services maintains two banks to manage the funding and receivables for its clients' credit programs. In September 2012, the banks rebranded their names from WFNNB (World Financial Network [National] Bank) and WFCB (World Financial Capital Bank) to both operate under the Comenity name, as Comenity Bank and Comenity Capital Bank, respectively.[16]

LoyaltyOne

LoyaltyOne, located in Canada, provides loyalty marketing programs for North American brands in the retail, financial services, grocery, petroleum, travel, and hospitality industries.

Five businesses make up the LoyaltyOne: Air Miles national reward program, in which approximately two-thirds of Canadian households participate;[17]Colloquy; LoyaltyOne Consulting; Precima; and Squareknot.

Hewitt Associates named LoyaltyOne in their "2014 List of the 50 Best Employers in Canada."[18]

Epsilon

Epsilon provides a broad range of loyalty marketing services spanning database marketing, direct mail, email marketing, web development, loyalty programs, analytics, data services, strategic consulting and creative services, among others.

Ad Age has ranked Epsilon among the top marketing services firms and direct marketing agencies for several years, and Epsilon has the distinction as being the Top US Agency From All Disciplines and Top US CRM/Direct Marketing Agencies for 2012.[19][20][21][22] It sends billions of permission-based emails every year.[23] Acquired by Epsilon in 2011,[24] Aspen Marketing Services is a marketing services agency headquartered in Chicago, Illinois[25] with locations in the United States and Canada. In 2012, Epsilon reached an agreement to acquire the Hyper Marketing ("HMI") group of companies, the largest privately held digital marketing services agencies in the United States, for about $460 million.

In March 2011, Epsilon detected unauthorized access to its email database, resulting in the theft of email addresses of its clients' customers.[26][27][28]

In late February 2013, Facebook announced partnerships with four companies, including Epsilon, to help reshape its targeted advertising strategy.[29]

Because of Epsilon's growth over the past several years, the company relocated its headquarters to the former Nokia regional headquarters space in Las Colinas, Texas, near Dallas.[30][31]

In March 2014, 60 Minutes interviewed Bryan Kennedy, chairman and CEO of Epsilon, as part of its segment, The Data Brokers: Selling your personal information.[32]

Controversy

In 2010 Epsilon failed to heed warnings to secure data.[33] In March 2011 it was discovered that email addresses from customers of 50 client companies were stolen.[33] The company quickly notified people of the breach.[34] In June 2011 company executives were called before congress.[35]

Company acquisitions and divestitures

  • 1998: Air Miles was acquired by Alliance Data.
  • 2002: Colloquy was acquired by Alliance Data.
  • 2004: Epsilon was acquired by Alliance Data.[36]
  • 2005: Bigfoot Interactive was acquired by Alliance Data.[37]
  • 2006: DoubleClick was acquired by Alliance Data.
  • 2007: Abacus was acquired by Alliance Data.[38]
  • 2008: Heartland Payment Systems acquired Alliance Data's Network Services business.[39]
  • 2008: Vertex acquired Alliance Data's Utility Services business.[40]
  • 2011: Aspen Marketing Services was acquired by Alliance Data (to be a part of Epsilon).[41]
  • 2012: Alliance Data acquired the $475 million private label credit card portfolio of The Bon-Ton Stores, Inc.[42]
  • 2012: Epsilon acquires Hyper Marketing [43] and agencies Ryan Partnership & Catapult
  • 2014: Alliance Data acquires BrandLoyalty [44]
  • 2014: Epsilon acquires Conversant, formerly ValueClick[45]

References

  1. ^ a b "ADS Key Statistics - Alliance Data Systems Corporati Stock - Yahoo! Finance". yahoo.com. 
  2. ^ "ADS Profile - Alliance Data Systems Corporati Stock - Yahoo! Finance". yahoo.com. 
  3. ^ "The InfoTech 100 Companies: Alliance Data Systems Profile". Businessweek.com. 2006-05-31. Archived from the original on 27 June 2010. Retrieved . 
  4. ^ "The Value of Loyalty". 2008. 
  5. ^ "U.S. database specialist buys The Loyalty Group". 1998-08-03. 
  6. ^ Michael Flaherty; Caroline Humer (2007-05-17). "Blackstone to buy Alliance Data for $6.76 billion". Reuters. Retrieved . 
  7. ^ "Alliance Data To Be Acquired by The Blackstone Group". Paymentsnews.com. Retrieved . 
  8. ^ "Alliance Data Drops Suit to Force Deal". The New York Times. 2008-02-09. 
  9. ^ "Alliance Data Terminates Merger Agreement with Blackstone Affiliates". Paymentsnews.com. Retrieved . 
  10. ^ "Forbes Profile on Ed Heffernan". Forbes.com. Retrieved . 
  11. ^ Pearson-Hormillosa, Shashana (2010-01-10). "Alliance Data CEO Ed Heffernan taps into his M&A expertise to take big risks in a tough economy". www.bizjournals.com/dallas/. Retrieved . 
  12. ^ "Alliance Data promotes CFO Edward Heffernan to president, CEO; Michael Parks to continue as chairman - update". tradingmarkets.com. 2009-02-18. Retrieved . 
  13. ^ ADS. "Client News Release". 
  14. ^ Pimlott, Daniel (18 May 2007). "Blackstone seals $8bn deal for credit card group ADS". Financial Times. Retrieved 2012. 
  15. ^ "Announcing the Ventana Research 2011 Leadership Awards". Ventana Research website. 2011. Retrieved 2012.  Check date values in: |access-date= (help)
  16. ^ "Comenity Bank: Private Company Information - Businessweek". Investing.businessweek.com. Retrieved . 
  17. ^ "AIR MILES Corporate Incentives | Fast Facts". Aeis.com. Retrieved . 
  18. ^ "Hewitt 50 Best Employers" (PDF). hewittassociates.com. Retrieved 2010.  Check date values in: |access-date= (help)
  19. ^ "Awards & Accolades". Epsilon. Retrieved . 
  20. ^ http://www.directagency.com/news/may052008.pdf
  21. ^ [1] Archived July 17, 2011, at the Wayback Machine.
  22. ^ "Advertising Age - April 26, 2010". Adage.coverleaf.com. 2010-04-26. Retrieved . 
  23. ^ "More customers exposed as big data breach grows". Reuters. 2011-04-03. 
  24. ^ Elliott, Stuart (25 April 2011). "Epsilon to Acquire Aspen Marketing Services". nytimes.com. Retrieved 2012. 
  25. ^ "Aspen Marketing Services Acquires Newgen Results Corp.". destinationcrm.com. 1 October 2007. Retrieved 2012. 
  26. ^ "Massive Breach at Epsilon Compromises Customer Lists of Major Brands". Security Week. 2 April 2011. Retrieved 2012. 
  27. ^ "Epsilon Data Breach: Expect a Surge in Spear Phishing Attacks". PC World. 5 April 2011. Retrieved 2012. 
  28. ^ "Epsilon email security breach widens". The Australian. 7 April 2011. Retrieved 2012. 
  29. ^ What You Didn't Post, Facebook May Still Know 26-03-2013
  30. ^ Brown, Steve (2013-08-13). "Nokia leaving high-profile Las Colinas tower; Epsilon moving in | Dallas Morning News". Dallasnews.com. Retrieved . 
  31. ^ "Epsilon moves into newly finished Irving headquarters". Dallas Business Journal. 5 August 2014. 
  32. ^ Kroft, Steve (2014-03-09). "The Data Brokers: Selling your personal information". 60 Minutes. Graham Messick and Maria Gavrilovic, producers. New York, NY: CBS Productions. Retrieved . 
  33. ^ a b "Epsilon Fell To Spear-Phishing Attack". Dark Reading. 
  34. ^ https://www.wsj.com/articles/SB10001424052702303499204576389773023983518
  35. ^ Sue Reisinger. "Epsilon Data Management GC on How to Handle Data Breaches". Corporate Counsel. 
  36. ^ "Alliance Data Systems to Acquire Epsilon Data Management, Inc". Crm2day.com. Retrieved . 
  37. ^ "Epsilon to Snap Up Bigfoot Interactive". ClickZ. Retrieved . 
  38. ^ Worldwide Databases (2007-02-01). "Alliance Data'S Epsilon To Acquire Abacus.". Entrepreneur.com. Retrieved . 
  39. ^ "Convenience Store News". Csnews.com. Retrieved . 
  40. ^ "Energy Risk - Vertex Acquires Alliance Data Utilities, an Interview with John Hall @ RiskCenter: A Financial Risk Management Media Company". Riskcenter.com. Retrieved . 
  41. ^ "Alliance Data's Epsilon Business to Acquire Aspen Marketing Services". prnewswire.com. Retrieved . 
  42. ^ "Alliance Data to buy Bon-Ton's credit card portfolio". Reuters. 2012-06-19. Retrieved . 
  43. ^ "Epsilon goes omnichannel with its acquisition of Hyper Marketing". DMNews. 2012-11-09. 
  44. ^ "Alliance Data Acquires 60 Percent of BrandLoyalty". BrandLoyalty. November 6, 2013. 
  45. ^ "Alliance Data to Acquire Conversant, Formerly ValueClick, for $2.3 Billion". AdvertisingAge. September 16, 2014. 

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.


ValueClick
 
Connect with defaultLogic
What We've Done
Led Digital Marketing Efforts of Top 500 e-Retailers.
Worked with Top Brands at Leading Agencies.
Successfully Managed Over $50 million in Digital Ad Spend.
Developed Strategies and Processes that Enabled Brands to Grow During an Economic Downturn.
Taught Advanced Internet Marketing Strategies at the graduate level.


Manage research, learning and skills at defaultLogic. Create an account using LinkedIn or facebook to manage and organize your IT knowledge. defaultLogic works like a shopping cart for information -- helping you to save, discuss and share.


  Contact Us