M&A Deal Summary

PDI Technologies Acquires SwiftIQ

On January 30, 2020, PDI Technologies acquired software company SwiftIQ

Acquisition Highlights
  • This is PDI Technologies’ 6th transaction in the Software sector.
  • This is PDI Technologies’ 12th transaction in the United States.
  • This is PDI Technologies’ 1st transaction in Illinois.

M&A Deal Summary

Date 2020-01-30
Target SwiftIQ
Sector Software
Buyer(s) PDI Technologies
Deal Type Add-on Acquisition

Target

SwiftIQ

Chicago, Illinois, United States
SwiftIQ is a retail analytics and vendor collaboration platform enabling faster, smarter store merchandising and marketing decisions announced the beta version of a new promotion measurement solution in its flagship Retail Execution Cloud. SwiftIQ was established in 2011 and is based in Chicago, Illinois.

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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 14 of 28
Sector: Software M&A 6 of 8
Type: Add-on Acquisition M&A Deals 12 of 22
State: Illinois M&A 1 of 1
Country: United States M&A 12 of 23
Year: 2020 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 CStorePro Technologies

Sugar Land, Texas, United States

CStorePro Technologies, Inc. is a provider of simple, self-provisioning and cost-effective mobile software designed to give single-store operators centralized visibility into sales, pricing and promotional data with real-time dashboards. CStorePro Technologies, Inc. was founded in 2013 and is based in Sugar Land, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-18 ZipLine

Portland, Maine, United States

ZipLine, Inc. is a provider of mobile payment technology services. ZipLine processes over six million transactions a month for retailers like Circle K, Cumberland Farms, Irving Oil, Giant Eagle (GetGo), and Spinx. ZipLine was founded in 2004 and is based in Portland, Maine.

Buy -