Alliance Data Systems has acquired Financial Automation Limited (FAL), an Auckland, New Zealand-based software company.
Alliance Data is one of the nation’s largest providers of network, payment system and database services to some of the most prestigious petroleum and retail clients in the marketplace. The FAL acquisition enhances Alliance Data’s full-service petroleum processing capabilities.
Mike Beltz, Alliance Data Systems’ Petroleum and Network Services president commented, “This acquisition expands Alliance Data’s current offerings to the petroleum industry with an extensive fleet services program and enhances our position as a premier full-service provider to that industry. We are excited about the future and will continue to leverage our experience and resources to meet our clients’ needs.”
Colin Carran, FAL’s principal owner and managing director said, “We are pleased to have reached this agreement with Alliance Data Systems. Our International Fleet Card System meets or exceeds the requirements of the marketplace and will offer a competitive advantage to Alliance Data’s superb client base.”
Currently employing more than 5,500 associates at 12 locations nationwide, Alliance Data Systems offers private label processing, network services, database marketing services, merchant banking, and credit card marketing to clients in the petroleum, retail and direct-to-home satellite programming industries. Alliance Data Systems’ 12 facilities are located in Colorado, Kansas, New Jersey, Ohio and Texas.
FAL was founded in 1987, providing advanced software solutions to the retail, banking and petroleum markets. The company, which has grown to 30 employees, will continue its New Zealand operations while establishing a Dallas-based industry specialist support group for Alliance Data Systems’ customers.Details