PDI Technologies acquires Comdata Merchant Solutions to expand POS solutions for truck stops
Dec 02, 2024•8 months ago
Acquiring Company
PDI Technologies
Acquired Company
Comdata Merchant Solutions
Description
PDI Technologies, a global leader in delivering powerful solutions for the convenience retail and petroleum wholesale ecosystem, has announced its acquisition of the Comdata Merchant Solutions business from Comdata's parent company, Corpay Inc. This strategic acquisition allows PDI to expand and strengthen its Point of Sale (POS) portfolio, adding the assets and technologies of Comdata Merchant Solutions to its existing retail offering.
FundzWatch™ Score
78
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed