Divestiture • Software

PDI Technologies Acquires Pinnacle - ERP Assets

On January 5, 2017, PDI Technologies acquired software company Pinnacle - ERP Assets from Pinnacle

Acquisition Context
  • This is PDI Technologies’ 2nd transaction in the Software sector.
  • This is PDI Technologies’ 2nd transaction in the United States.
  • This is PDI Technologies’ 1st transaction in Texas.

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M&A Deal Summary

Date January 5, 2017
Target Pinnacle - ERP Assets
Sector Software
Buyer(s) PDI Technologies
Sellers(s) Pinnacle
Deal Type Divestiture

Target Company

Pinnacle - ERP Assets

Arlington, Texas, United States
Pinnacle Corp. - ERP software assets, intellectual property, development and support resources – adding these solutions to PDI’s software offerings for retail automation, fuel supply chain, business intelligence and workforce management.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 28
Sector: Software 2 of 8
Type: Divestiture 1 of 6
State: Texas 1 of 6
Country: United States 2 of 23
Year: 2017 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 Intellifuel Systems

Titusville, Florida, United States

Intellifuel Systems, Inc. is a provider of fuel management and logistics solutions for downstream and midstream participants in the fuel supply chain. Intellifuel provides solutions across the fuel supply chain market. Downstream, the company helps petroleum marketers automate the entire order life cycle. Midstream, they provide terminal automation systems, custody transfer, terminal and railcar scheduling, inventory position management, and customer/stockholder portal solutions. Founded in 2001, Intellifuel’s headquarters are located in Titusville, Florida.

Buy -
FOLLOWING 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 -

Seller Profile 1

SELLER

Pinnacle

Arlington, Texas, United States

Category Company
Sector Software
DESCRIPTION

Pinnacle Corp. is a provider of technology to the convenience store and fuel petroleum markets, currently serves convenience retailing clients and fuel marketers representing over 20,000 convenience stores across the US


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1