A.B. Data Company Profile
Background
Founded in 1981 and headquartered in Milwaukee, Wisconsin, A.B. Data, Ltd. has established itself as a premier provider of direct marketing and business consulting services. The company's mission is to deliver innovative, reliable, and secure communication solutions that help clients achieve their goals. A.B. Data specializes in serving nonprofit, charitable, and progressive advocacy organizations, offering services such as class action administration, grassroots fundraising, data-driven communications, list services, and incident response.
Key Strategic Focus
A.B. Data's strategic focus centers on executing best-in-class communication strategies that connect clients to their target audiences. The company leverages cutting-edge technology to reach individuals eligible for compensation in class action settlements and assists nonprofit and advocacy partners in building grassroots fundraising campaigns. By valuing innovation, creativity, and collaboration, A.B. Data aims to expand its services to current clients, develop new offerings like incident response, grow its reach in digital marketing, and lead in global markets new to class action administration.
Financials and Funding
As of July 2024, A.B. Data's annual revenue is estimated to be between $10 million and $50 million. The company employs approximately 56 individuals across North America and Asia. In 2024, A.B. Data was recognized as a Future 50 Winner by BizTimes Milwaukee, highlighting its growth and resilience in the professional services industry.
Pipeline Development
A.B. Data has a strong track record in class action administration, having distributed over $2.6 billion in antitrust settlement funds between 2009 and 2020. The company has managed significant settlements, including the In re Holocaust Victim Assets Litigation, where it collected over 500,000 initial questionnaires and delivered notices to over 10,000 Jewish communities in 109 countries.
Technological Platform and Innovation
A.B. Data distinguishes itself through proprietary technologies and innovative methodologies:
- Digital PayPortalSM: Offers clients a seamless solution for instant fund distribution, providing access to over 250 digital payment options to ensure quick, convenient, and secure transactions.
- Advanced Data Processing: Utilizes tailored techniques to effectively reach claimants, optimizing notice, claims, and digital payment processes.
Leadership Team
A.B. Data's leadership team comprises experienced professionals dedicated to the company's mission:
- Bruce Arbit: Co-Managing Director
- Chuck Pruitt: Co-Managing Director
- Thomas Glenn: President and CEO
- Marcos Mejia: Chief Financial Officer
- Valley Elliehausen: Chief People Officer
- Eric Schultz: Vice President, IT and Security
- Brittany Nelson: Vice President, Information Systems
- Cathy Finney: Partner, ABD Direct
- Katherine Versteegh: Senior Vice President, Data Services
- Kelly Gardner: Vice President, List Services
Leadership Changes
As of the latest available information, there have been no recent significant changes or appointments within A.B. Data's leadership team.
Competitor Profile
Market Insights and Dynamics
The direct marketing and business consulting industry is characterized by a competitive landscape with numerous firms offering specialized services. A.B. Data's focus on nonprofit and advocacy organizations positions it uniquely within this market.
Competitor Analysis
Key competitors include:
- The Wilko Group: Provides marketing and sales consultation services.
- Landmark Legal: Offers consulting and marketing solutions.
- Enhance International: Provides management consulting services for the insurance, financial services, and healthcare industries.
- TECNO Solutions: Offers business process outsourcing services.
Strategic Collaborations and Partnerships
A.B. Data has established significant collaborations to strengthen its market position and expand capabilities. Notably, the company has worked with third-party retailers to identify consumer class members and developed a database of providers and insurance companies to identify third-party payor class members in pharmaceutical class action settlements.
Operational Insights
A.B. Data's strategic considerations include:
- In-House Capabilities: Maintains in-house print production, mailing, and contact center services, allowing for immediate and cost-efficient response solutions.
- Global Reach: Operates offices in Milwaukee, Washington, D.C., New York, Palm Beach Gardens, Florida, and Tel Aviv, Israel, enabling comprehensive service delivery to clients worldwide.
Strategic Opportunities and Future Directions
A.B. Data aims to:
- Expand Service Offerings: Develop new services like incident response and grow its reach in digital marketing.
- Global Leadership: Lead in markets globally that are newer to class action administration.
- Operational Efficiency: Invest in technology systems and infrastructures to become more efficient and offer flexible work arrangements to enhance recruiting and retention.