PDI Technologies, a convenience retail technology company based in Alpharetta, Georgia, is acquiring the Comdata Merchant Solutions business from Comdata’s parent company, Corpay Inc. This includes the point-of-sale (POS) hardware, software and systems that enable transactions at the site level for truck stops and unattended commercial fueling locations.
PDI currently offers a market-tested POS retail solution internationally, including convenience customer sites in North America. The fuel and convenience retail software platform provides cloud-centric POS, self-checkout and foodservice capabilities.
Brentwood, Tennessee-based 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.
“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 of enterprise productivity at 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.”
The integration will benefit both convenience retailers and customers, said Brad McGuinness, senior vice president and general manager of POS solutions at 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,” McGuinness said.
In June, PDI acquired Nuspire, a managed security services provider. Nuspire provides managed security services, managed detection and response, endpoint detection and response and cybersecurity consulting capabilities such as incident preparedness, threat modeling and executive advisory services.
The technology company also recently launched a retail media network on its GasBuddy app in November, which aims to provide a single point of entry for convenience stores and CPG brands to launch personalized deals, challenges, advertisements, loyalty programs and alcohol cashback promotions.
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