Newly Formed, Relizon Plans Headquarters Site

Former Reynolds & Reynolds information solutions operation will stay in Dayton, Ohio.

Staff -- Graphic Arts Online, 11/1/2000

The Relizon Company, which was formed over the summer when The Reynolds & Reynolds Company divested its information solutions group, recently announced plans to build a five-story, 150,000-sq-ft headquarters facility in downtown Dayton, Ohio.

Relizon (pronounced "relies on"), which employs about 4,600 people and operates 22 manufacturing facilities, 34 distribution sites, and dozens of sales offices across the United States and Canada, expected its annual revenues for the fiscal year ended September 30 to exceed $800 million.

Reynolds & Reynolds, an information management firm, sold the company to the Carlyle Group, a Washington, D.C.-based private global investment firm with assets of more than $10 billion under management, so that it could concentrate on the automotive retailing market. The transaction was for $360 million in cash.

Relizon, led by Rodney A. Hedeen, president and chief executive, provides business communications and customer relationship management (CRM) solutions. It serves clients in the financial, healthcare, high-tech, communication, manufacturing, retail, and service sectors.

Its business communications activities include document and response management, electronic printing and mailing, direct mail, commercial printing, digital printing, secure documents, business forms, and labels. CRM solutions include strategy development, creative services, campaigns and promotions, critical customer communications, and information logistics.

Says Hedeen, "Today more than half our revenue comes from high-growth and technology-enabled solutions. We are uniquely positioned to help customers move along the continuum from print to electronic communication."

Reynolds & Reynolds was founded as a printing operation in 1866.