Technology/Services

PDI Acquires Wholesale Petroleum Firm

Purchase of Factor expands company's ERP portfolio

ALPHARETTA, Ga. -- PDI has acquired the accounting, convenience store, wholesale and fuel-management software of Factor, a WR Hess Company.

The purchase marks PDI’s 11th acquisition in just less than two years and will add Factor’s wholesale petroleum expertise and bolster PDI’s wholesale portfolio and customer roster.

Factor has served the petroleum marketing industry for more than 40 years, focusing solely on operational and profitability improvement for companies that buy and resell refined petroleum products. It has grown and evolved into a full suite of enterprise resource planning (ERP) and enterprise applications for petroleum marketers in North America.

“We are pleased to add Factor’s expertise, services and customer roster to our existing portfolio,” said Jimmy Frangis, CEO of PDI. “The addition of Factor’s solutions further demonstrates our commitment to the wholesale petroleum industry, providing our customers with a full ERP management system across all aspects of their business. It also expands our professional services team across North America and adds hundreds of great, new customer names.”

“Factor was created with unbridled entrepreneurial spirit, and over the years, our industry expertise and excitement for servicing our wholesale petroleum customers has continued to fuel the development of our ERP automation solutions,” said Jerry Hess, CEO of Factor. “PDI and Factor share a common philosophy to help businesses run better and thrive, and we’re excited to be part of the PDI family.”

Oklahoma City-based Factor serves 330 customers across North America and more than 1,000 companies in wholesale, transport and retail. It also works with more than 150,000 home heating customers.

With its international headquarters in Alpharetta, Ga., and its U.S. headquarters in Temple, Texas, PDI works with c-store retailers and petroleum wholesale marketers worldwide with enterprise management software.

Photograph courtesy of PDI

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