Inte Q Acquires Teleformix

Inte Q, a customer loyalty program and customer relationship management services provider, has acquired Teleformix, a developer of participant-funded customized loyalty and affinity solutions. The combined entity has current annual revenues in excess of $60 million and more than 200 employees. Financial terms of the transaction were not disclosed.

"Together, Inte Q and Teleformix will deliver unparalleled, innovative, affordable solutions to our clients' strategic brand loyalty management needs. This combination is a game-changer for our collective and growing base of clients, employees, and partners. In an industry where insight and responsiveness drive client satisfaction, the combined entity will offer a superb talent base, best-of-class technology platforms, unique product and service offerings, world-class analytic,s and international reach," said Jeffrey Harris, CEO of Inte Q, in a statement. "We are pleased and excited to welcome Scott Dzierzynski and the Teleformix team to the Inte Q family."

"The powerful combination of Inte Q, a sponsor-funded provider of loyalty and data-driven marketing support, and Teleformix, a member-funded loyalty program operator, creates a uniquely positioned marketing service firm providing loyalty strategy and delivery to leading brands in the U.S. and U.K," added Steve Kietz, president of Inte Q, in a statement.