Friday, January 6, 2017

PDI Acquires Pinnacle Corporation

Temple, Texas-based PDI, which develops software used for by retail gas station, convenience stores, and petroleum wholesalers, has acquired the enterprise resource planning (ERP) assets of Arlington, Texas-based The Pinnacle Corporation. Financial details of the acquisition were not announced. The company said the deal will enhance its position in the market. Pinnacle says its software is currently used by convenience retailing clients and fuel marketers representing over 20,000 convenience stores across the US. PDI's software will bolster its offerings in the area of retail automation, fuel supply chain, business intelligence and workforce management, according to the company. PDI is led by Jimmy Frangis.