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  6. PDI Technologies Acquires Comdata Merchant Solutions

M&A Deal Summary

PDI Technologies Acquires Comdata Merchant Solutions

On December 2, 2024, PDI Technologies acquired business services company Comdata Merchant Solutions from Corpay

Acquisition Highlights
  • This is PDI Technologies’ 1st transaction in the Business Services sector.
  • This is PDI Technologies’ 2nd transaction in the United States.
  • This is PDI Technologies’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2024-12-02
Target Comdata Merchant Solutions
Sector Business Services
Buyer(s) PDI Technologies
Sellers(s) Corpay
Deal Type Divestiture

Target

Comdata Merchant Solutions

Brentwood, Tennessee, United States
Comdata Merchant Solutions 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. Comdata Merchant Solutions is based in Brentwood, Tennessee.

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Buyer(S) 1

Buyer

PDI Technologies

Alpharetta, Georgia, United States
Category Company
Sector Information Technology
DESCRIPTION

PDI Technologies is a provider of solutions and services to over 200,000 convenience and petroleum wholesale sites by securely?connecting their data and operations. PDI Technologies is based in Alpharetta, Georgia.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 2 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-20 Nuspire

Detroit, Michigan, United States

Nuspire is a provider of managed security services delivering threat detection and remediation through a skilled team of experts, advanced R&D, and proprietary solutions that merge big data and deep human analytics. Nuspire was founded in 1999 and is based in Detroit, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-01 P97 Networks

Houston, Texas, United States

P97 Networks specializes in secure, cloud-based mobile commerce and digital marketing solutions for the convenience, retail, and fuel industries. P97 Networks is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Corpay

Atlanta, Georgia, United States
Category Company
Founded 1986
Sector Business Services
Employees10
Revenue 3.8B USD (2023)
DESCRIPTION
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.

Corpay is a global provider of fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services to businesses, retailers, commercial fleets, major oil companies, petroleum marketers and government entities in countries throughout North America, Latin America, Europe, Australia and New Zealand. Corpay was formed in 1986 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-19 GPS

South Jordan, Utah, United States

GPS provides business-to-business cross-border and treasury management solutions to upper-middle market companies, primarily in the US. GPS is based in South Jordan, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-03 Gringo

Brazil

Gringo is a vehicle registration and compliance payment company in Brazil.

Buy -
Mergr

Product

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