Investment and Growth Planned for Point of Sale at Truck Stops as PDI Technologies Acquires Comdata Merchant Solutions
PDI Technologies has acquired Comdata Merchant Solutions from Corpay Inc. (NYSE: CPAY), specifically acquiring their Point of Sale (POS) hardware, software, and systems for truck stops and unattended commercial fueling locations. The acquisition strengthens PDI's POS portfolio while Comdata retains its fuel card and payment acceptance business serving commercial fleets. PDI will become an approved provider of Comdata transactions across its POS solutions. The deal combines PDI's existing market-tested POS retail solution with Comdata's truck stop expertise, aiming to deliver enhanced value to customers in the convenience retail and petroleum wholesale ecosystem.
PDI Technologies ha acquisito Comdata Merchant Solutions da Corpay Inc. (NYSE: CPAY), acquisendo specificamente il loro hardware, software e sistemi per i punti vendita (POS) per aree di sosta per camion e stazioni di rifornimento commerciali non presidiati. L'acquisizione rafforza il portafoglio POS di PDI, mentre Comdata mantiene la sua attività di carte carburante e accettazione pagamenti per flotte commerciali. PDI diventerà un fornitore approvato per le transazioni Comdata attraverso le sue soluzioni POS. L'accordo combina la soluzione POS al dettaglio già collaudata di PDI con l'expertise di Comdata nei punti di sosta per camion, con l'obiettivo di offrire un valore aggiunto ai clienti nell'ecosistema del retail di convenienza e del commercio all'ingrosso di petrolio.
PDI Technologies ha adquirido Comdata Merchant Solutions de Corpay Inc. (NYSE: CPAY), adquiriendo específicamente su hardware, software y sistemas de Punto de Venta (POS) para paradas de camiones y ubicaciones de combustible comercial no atendidas. La adquisición fortalece el portafolio de POS de PDI mientras Comdata retiene su negocio de tarjetas de combustible y aceptación de pagos para flotas comerciales. PDI se convertirá en un proveedor aprobado de transacciones Comdata en sus soluciones POS. El acuerdo combina la solución de retail POS probada en el mercado de PDI con la experiencia de Comdata en paradas de camiones, con el objetivo de ofrecer un valor mejorado a los clientes en el ecosistema de retail de conveniencia y distribución mayorista de petróleo.
PDI Technologies는 Corpay Inc.(NYSE: CPAY)로부터 Comdata Merchant Solutions를 인수하여, 특히 트럭 정차소 및 무인 상업 연료 공급 지점에 대한 POS(판매 시점) 하드웨어, 소프트웨어 및 시스템을 인수했습니다. 이번 인수로 PDI의 POS 포트폴리오가 강화됩니다. Comdata는 상업용 차량을 위한 연료 카드 및 결제 수용 사업을 유지합니다. PDI는 자사의 POS 솔루션을 통해 Comdata 거래의 승인된 제공업체가 됩니다. 이 거래는 PDI의 시장 검증 POS 소매 솔루션과 Comdata의 트럭 정차소 전문성을 결합하여 편의점 소매 및 석유 도매 생태계에서 고객에게 향상된 가치를 제공하는 것을 목표로 합니다.
PDI Technologies a acquis Comdata Merchant Solutions auprès de Corpay Inc. (NYSE: CPAY), en particulier en acquérant leur matériel, logiciel et systèmes de Point de Vente (POS) pour les aires de service de camions et les stations de carburant commerciales non surveillées. Cette acquisition renforce le portefeuille POS de PDI, tandis que Comdata conserve son activité de cartes de carburant et d'acceptation des paiements au service des flottes commerciales. PDI deviendra un fournisseur agréé des transactions Comdata à travers ses solutions POS. L'accord combine la solution de vente au détail POS éprouvée de PDI avec l'expertise de Comdata en matière d'aires de service pour camions, visant à offrir une valeur améliorée aux clients dans l'écosystème de la vente au détail de commodités et de la vente en gros de pétrole.
PDI Technologies hat Comdata Merchant Solutions von Corpay Inc. (NYSE: CPAY) übernommen und dabei speziell deren Hardware, Software und Systeme für Verkaufsstellen (POS) an Truck Stops und unbetreute Verkaufsstellen für Kraftstoffe erstanden. Die Übernahme stärkt PDIs POS-Portfolio, während Comdata sein Geschäft mit Kraftstoffkarten und Zahlungsakzeptanz für gewerbliche Flotten behält. PDI wird ein genehmigter Anbieter von Comdata-Transaktionen über seine POS-Lösungen. Die Vereinbarung kombiniert PDIs bewährte POS-Einzelhandelslösung mit der Expertise von Comdata in Truck Stops, mit dem Ziel, den Kunden im Bereich des Convenience-Retail und des Großhandels von Petroleum einen höheren Wert zu bieten.
- Strategic expansion into truck stop POS market
- Addition of specialized POS hardware, software, and systems for commercial fueling
- Approved provider status for Comdata transactions
- Integration of experienced team with industry expertise
- None.
Insights
This strategic acquisition by PDI Technologies of Comdata Merchant Solutions represents a significant expansion in the point-of-sale (POS) technology sector for truck stops and commercial fueling locations. The deal strengthens PDI's market position by integrating Comdata's specialized POS systems with PDI's existing retail solutions. Key strategic elements:
- PDI gains Comdata's POS hardware, software and systems infrastructure
- Comdata retains its core fuel card and payment acceptance network
- PDI becomes an approved provider for Comdata transactions
This transaction allows PDI to expand its footprint in the trucking industry while Comdata focuses on its payment processing business. The deal structure suggests a well-thought-out separation of complementary business segments that should benefit both companies' operational efficiency and market focus. For CPAY shareholders, this divestiture could lead to improved capital allocation and stronger focus on core payment processing operations.
Comdata retains fuel card and payment acceptance business serving commercial fleets
PDI currently offers a market-tested POS retail solution internationally, including convenience customer sites in
"For years, the Comdata Merchant Solutions team has dedicated themselves to serving the POS needs of the attended and unattended over-the-road trucking industry," said Sid Gaitonde, President, Enterprise Productivity, PDI Technologies. "We welcome their team and look forward to delivering even greater value to customers and the entire industry ecosystem as we invest in and grow the business here at PDI."
Comdata will retain operations of its truck stop payment acceptance network, including the fuel cards issued to trucking companies and the technology that accepts transactions at truck stop retailers, which were not included in the acquisition. As part of the deal, PDI will become an approved provider of Comdata transactions across the PDI POS solutions.
"This is an exciting announcement for the Comdata Merchant Solutions team and the industry, and we wish the team the best as they transition to PDI," said Randy Morgan, President, Comdata. "We know PDI will support and enhance the POS part of the business, while we remain the card issuer and merchant acceptance provider moving forward."
"PDI's integration with Comdata Merchant Solutions will allow us to deliver a more comprehensive and efficient POS solution, ultimately benefiting both convenience retailers and their customers," said Brad McGuinness, Senior Vice President and General Manager, POS Solutions, PDI Technologies. "We see immense potential in both the exceptional technology and the deeply knowledgeable people at Comdata Merchant Solutions, and we look forward to adding them to our growing portfolio and team."
Berenson & Company, LLC served as financial advisor to PDI in connection with the transaction.
About PDI Technologies
With 40 years of industry leadership, PDI Technologies, Inc. resides at the intersection of productivity and sales growth, delivering powerful solutions that serve as the backbone of the convenience retail and petroleum wholesale ecosystem. By "Connecting Convenience" across the globe, we empower businesses to increase productivity, make informed decisions, and engage faster with their customers. From large-scale ERP and logistics operations to loyalty programs and cybersecurity, we're simplifying the industry supply chain for whatever comes next. Today, we serve over 200,000 locations worldwide with solutions like the Fuel Rewards® program and GasBuddy®, two popular brands representing more than 30 million users. Visit the PDI Technologies website.
For more information, contact: pr@pditechnologies.com
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SOURCE PDI Technologies
FAQ
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