ALC Buys MaxDirect

Share this content:
With yesterday's announcement of American List Counsel's acquisition of the MaxDirect data management division of MaxWorldwide, the company formerly known as Novus List Marketing got its third parent in as many years. Terms of the deal were not revealed.


ALC said it plans to retain MaxDirect's sales, marketing and account management staff as well as its offices in Valhalla, NY, and its data processing division in Minneapolis. Further details of the acquisition will be revealed at a news conference this afternoon in New York.


Novus originally was acquired by online marketing and advertising agency L90 Inc. in May 2001 and became L90 Direct. In July 2002, L90 rebranded itself as MaxWorldwide, prompting another name change for the division to MaxDirect.


Both ALC and MaxDirect declined comment pending the news conference.


Meanwhile, it appears that MaxWorldwide is left with its MaxOnline and MaxCreative divisions. MaxWorldwide was delisted from Nasdaq in August after failing to file its quarterly report on time. Its stock was trading at 42 cents yesterday.


After its acquisition of DoubleClick Inc.'s North American media business for $5 million in cash and 4.8 million shares last July, MaxWorldwide president/CEO Mitchell Cannold told DM News that he was negotiating to buy a large list company before summer's end.


close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above