Alliance Data
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Alliance Data
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| Type | Public |
|---|---|
| Traded as | NYSE: ADS |
| Industry | Loyalty marketing services |
| Founded | December 2, 1996 |
| Headquarters | Plano, Texas, United States |
| Area served | USA, Canada |
| Key people | Ed Heffernan, President & CEO |
| Products | Air Miles |
| Revenue | $3.173 bn Ytd dec11 14%[1] |
| Net income | $315 mil Ytd dec1163%[1] |
| Total assets | $8.980 bn Ytd dec11 |
| Employees | Approx. 9,000+[2] |
| Subsidiaries | LoyaltyOne Epsilon Alliance Data Retail Services |
| Website | www.alliancedata.com |
Alliance Data Systems Corporation is a publicly traded, leading provider of loyalty and marketing solutions (such as private label credit cards, coalition loyalty programs, and direct marketing services) derived from the capture and analysis of transaction-rich data that provides insight into how and why consumers make certain purchases.
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Contents
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History
Alliance Data was formed from the December 2, 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]
On May 17, 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 Retail Services
Retail Services is a provider of integrated credit and marketing services including private label, co-brand and commercial credit card programs.
LoyaltyOne
LoyaltyOne, located in Canada, provides loyalty marketing programs for North American brands in the retail, financial services, grocery, petroleum, retail, travel, and hospitality industries.
Five businesses make up LoyaltyOne: AIR MILES Reward Program, in which approximately 2/3 of Canadian households participate in the national program;[13] Colloquy; LoyaltyOne Consulting; Precima; and Direct Antidote.
Hewitt Associates named LoyaltyOne in their "2010 List of the 50 Best Employers in Canada."[14]
Epsilon
Epsilon provides a broad range of loyalty marketing services spanning database marketing, direct mail, email marketing, Web development, loyalty programs, analytics, data services, and strategic consulting, among others.
Ad Age ranked Epsilon among their top marketing services firms and direct marketing agencies list for several years: in 2006, 2007, 2008, 2009 and 2010.[15][16][17] It sends billions of email ads every year.[18]
On March 30, 2011, Epsilon detected unauthorized access to its email database, resulting in the theft of millions of email addresses of its clients' customers. Affected email lists included those of major clients such as Walgreens, Target, Kroger, JP Morgan Chase, Capital One, CitiGroup, Best Buy in Canada, Air Miles in Canada, Abebooks and Dell in Australia.[19][20][21]
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.[22]
- 2005: Bigfoot Interactive was acquired by Alliance Data.[23]
- 2006: DoubleClick Email Solutions, Inc. was acquired by Alliance Data.
- 2007: Abacus was acquired by Alliance Data.[24]
- 2008: Heartland Payment Systems acquired Alliance Data's Network Services business.[25]
- 2008: Vertex acquired Alliance Data’s Utility Services business.[26]
- 2009: Fujitsu America acquired Alliance Data's Information Technology Services Division.[27]
References
- ^ a b "Alliance Data Reports Record Full-Year 2011 Results". 2012-02-02. http://phx.corporate-ir.net/phoenix.zhtml?c=120991&p=irol-newsArticle_Print&ID=1655727&highlight=.
- ^ "ALLIANCE DATA SYSTEMS CORPORATION". SEC Info. 31 December 2011. http://phx.corporate-ir.net/phoenix.zhtml?c=120991&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDExMDEyMTUtMTItMDAwMDQ2L3htbA%3d%3d.
- ^ "The InfoTech 100 Companies: Alliance Data Systems Profile". Businessweek.com. 2006-05-31. http://www.businessweek.com/it100/2006/99.htm. Retrieved 2010-07-01.
- ^ "The Value of Loyalty". 2008. http://www.roystephenson.co.uk/loyalty.doc.
- ^ "U.S. database specialist buys The Loyalty Group". 1998-08-03. http://www.strategyonline.ca/articles/magazine/19980803/22356.html.
- ^ Michael Flaherty and Caroline Humer (2007-05-17). "Blackstone to buy Alliance Data for $6.76 billion". Reuters. http://www.reuters.com/article/idUSWNAS180020070517. Retrieved 2010-07-01.
- ^ "Alliance Data To Be Acquired by The Blackstone Group". Paymentsnews.com. http://www.paymentsnews.com/2007/05/alliance_data_t.html. Retrieved 2010-07-01.
- ^ "Alliance Data Drops Suit to Force Deal". The New York Times. 2008-02-09. http://www.nytimes.com/2008/02/09/business/09data.html.
- ^ "Alliance Data Terminates Merger Agreement with Blackstone Affiliates". Paymentsnews.com. http://www.paymentsnews.com/2008/04/alliance-data-t.html. Retrieved 2010-07-01.
- ^ "Forbes Profile on Ed Heffernan". Forbes.com. http://people.forbes.com/profile/edward-j-heffernan/3109. Retrieved 2010-11-22.
- ^ 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/. http://dallas.bizjournals.com/dallas/stories/2010/01/11/tidbits1.html. Retrieved 2010-11-22.
- ^ "Alliance Data promotes CFO Edward Heffernan to president, CEO; Michael Parks to continue as chairman - update". tradingmarkets.com. 2009-02-18. http://www.tradingmarkets.com/.site/news/TOP%20STORY/2183236/. Retrieved 2010-11-22.
- ^ "AIR MILES Corporate Incentives | Fast Facts". Aeis.com. http://www.aeis.com/airmiles/fastFacts_EN.html. Retrieved 2010-07-01.
- ^ http://www.hewittassociates.com/_MetaBasicCMAssetCache_/Assets/Press%20Release%20PDFs/2010/Hewitt_50_Best_Employers_2010_en.pdf
- ^ http://www.directagency.com/news/may052008.pdf
- ^ http://www.vml.com/common/Ad_Age_Top_20_Digital_Agencies_2008.pdf
- ^ "Advertising Age - April 26, 2010". Adage.coverleaf.com. 2010-04-26. http://adage.coverleaf.com/advertisingage/20100426?pg=34. Retrieved 2010-07-01.
- ^ "More customers exposed as big data breach grows". Reuters. 2011-04-03. http://www.reuters.com/article/2011/04/03/us-citi-capitalone-data-idUSTRE7321PI20110403.
- ^ "Massive Breach at Epsilon Compromises Customer Lists of Major Brands". Security Week. 2 April 2011. http://www.securityweek.com/massive-breach-epsilon-compromises-customer-lists-major-brands. Retrieved 3 March 2012.
- ^ "Epsilon Data Breach: Expect a Surge in Spear Phishing Attacks". PC World. 5 April 2011. http://www.pcworld.com/businesscenter/article/224192/epsilon_data_breach_expect_a_surge_in_spear_phishing_attacks.html. Retrieved 3 March 2012.
- ^ "Epsilon email security breach widens". 7 April 2011. http://www.theaustralian.com.au/australian-it/epsilon-email-security-breach-widens/story-e6frgakx-1226035279855. Retrieved 3 March 2012.
- ^ "Alliance Data Systems to Acquire Epsilon Data Management, Inc". Crm2day.com. http://www.crm2day.com/content/t6_librarynews_1.php?news_id=EpAZlFlAppCYiQnkUB. Retrieved 2010-07-01.
- ^ http://www.clickz.com/3547231
- ^ Worldwide Databases - Feb 1, 2007 (2007-02-01). "Alliance Data'S Epsilon To Acquire Abacus.". Entrepreneur.com. http://www.entrepreneur.com/tradejournals/article/157931512.html. Retrieved 2010-07-01.
- ^ "Convenience Store News". Csnews.com. http://www.csnews.com/csn/technology/article_display.jsp?vnu_content_id=1003800649. Retrieved 2010-07-01.
- ^ "Energy Risk - Vertex Acquires Alliance Data Utilities, an Interview with John Hall @ RiskCenter: A Financial Risk Management Media Company". Riskcenter.com. http://www.riskcenter.com/story.php?id=16835. Retrieved 2010-07-01.
- ^ Carolyn April (25 June 2009). "Fujitsu Inks First Deal in North American Outsourcing Push - Managed Services news from Channel Insider". Channel Insider. http://www.channelinsider.com/c/a/Managed-Services/Fujitsu-Inks-First-Deal-in-North-American-Outsourcing-Push-739430/. Retrieved 2010-07-01.
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