Relizon to Acquire Epsilon, Create New CRM Unit

Share this article:
The Relizon Company, a document and billing and marketing solutions company, is expected to announce today that it will acquire marketing solutions provider Epsilon.


Financial terms of the agreement were not disclosed


Relizon, Dayton, OH, said the planned acquisition will enhance and expand its customer relationship management capabilities. To augment its document, billing and marketing solutions, Relizon will merge its eCRM Group with Epsilon, creating a business unit with an expanded customer base, more resources and increased growth opportunities.


Epsilon will maintain its brand identity and keep intact its management team. It will change its name to Epsilon, a Relizon Company. Corey V. Torrence, who will continue as president of the expanded Epsilon.


Relizon was created in August 2000 when The Reynolds and Reynolds Co. sold its Information Solutions Group to The Carlyle Group, one of the world's largest private investment companies with more than $13 billion in assets under management.


The Epsilon acquisition would be "the perfect capstone to our first year of successful operation as an independent company," said Rodney A. Hedeen, Relizon's president/CEO. "In the face of a slowing economy, Relizon and Epsilon have both been able to sustain and grow a profitable base of highly satisfied customers. When combined with Epsilon, our fiscal year will close with revenue approaching $1 billion dollars."


Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Database Marketing

Making Data Breach Readiness a Priority

Making Data Breach Readiness a Priority

5 ways marketers can prepare for possible data breaches.

What's H-appending? DiscoverOrg Taps Marketo's Webhooks

What's H-appending? DiscoverOrg Taps Marketo's Webhooks

Cloud-based marketing automation behemoth Marketo joins forces with marketing intelligence company DiscoverOrg to improve its data collection capabilities.

A Toast to Marketing Attribution

A Toast to Marketing Attribution

Vino accessories and storage company Wine Enthusiast indentifies top and underperforming affiliates using algorithmic marketing attribution.