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There existed 2 Ace Records.
The first Ace Records is started in August 1955 by Johhny Vincent, with Teem Records als budget sub-label. Distributed since 1962 by Vee-Jay Records. Ace Records stops when Vee-Jay Records goes broke.
The label is relaunched in 1971 and sold in 1997 to Music Collection International.
The second Ace Records was a subsidiary of Chiswick Records. When Chiswick stopped in 1984, Ace continued repressing the better records of Chiswick. Over the years Ace acquired the rights of Fantasy Records, Stax Records, Speciality Records and Vanguard Records.