M&A Deal Summary

PDI Technologies Acquires DataMax Group

On April 5, 2017, PDI Technologies acquired internet software and services company DataMax Group

Acquisition Highlights
  • This is PDI Technologies’ 3rd transaction in the Internet Software and Services sector.
  • This is PDI Technologies’ 4th transaction in the United States.
  • This is PDI Technologies’ 2nd transaction in Texas.

M&A Deal Summary

Date 2017-04-05
Target DataMax Group
Sector Internet Software and Services
Buyer(s) PDI Technologies
Deal Type Add-on Acquisition

Target

DataMax Group

Round Rock, Texas, United States
DataMax Group, Inc. is a provider of convenience store back office software and services for retail fuel stores including major oil companies. DataMax Group, Inc. was established in 1994 and is headquartered in Round Rock, Texas.

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Buyer(S) 1

Buyer

PDI Technologies

Alpharetta, Georgia, United States

Category Company
Founded 1983
Sector Software
DESCRIPTION

PDI Technologies is a provider of enterprise-class retail automation software to convenience store retailers and wholesale petroleum marketers. PDI develops, sells and supports a software solution for managing back-office and day-to-day management processes such as accounting, product pricing, inventory, fuel purchasing, card processing and employee scheduling for retail convenience store and wholesale fuel businesses. PDI Technologies was founded in 1983 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 5 of 28
Sector: Internet Software and Services M&A 3 of 9
Type: Add-on Acquisition M&A Deals 4 of 22
State: Texas M&A 2 of 6
Country: United States M&A 4 of 23
Year: 2017 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-05 LOMOSOFT

Offenbach, Germany

LOMOSOFT GmbH is a provider of planning software and mobile computing for secondary distribution chain in the oil and gas industry. LOMOSOFT supplies a comprehensive package allowing our customers to achieve lower inventory costs on site, lower distribution costs, and increased quality of supply. LOMOSOFT GmbH was established in 1989 and is headquartered in Offenbach, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 WEX Fuel Management

Louisville, Kentucky, United States

WEX Fuel Management is a provider of fuel supply chain management software, TelaPoint’s software enables convenience retailers and petroleum outlets to improve the efficiency of their fuel replenishment, buying and administrative operations. TelaPoint manages inventory, dispatch, and fuel pricing for 77 customers around the globe,150 carrier companies and 67,000 sites.

Buy -