PDI Acquires DM2 - Expanding its Capabilities and Deepening Its Expertise Of Petroleum Wholesale

By CIOReview | Friday, August 10, 2018
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Jimmy Frangis, CEO, PDI

Jimmy Frangis, CEO, PDI

Atlanta - PDI software, a leading provider of software solutions to wholesale petroleum marketers and convenience retailers, announced the acquisition of DM2, a privately held organization in the state of Washington. The reason PDI stated for this acquisition was to provide better service to its customers and deepen its knowledge of petroleum wholesale.

Today’s acquisition will add additional expertise to PDI’s strong professional services team and bolster the company’s cardlock and lubricants knowledge. The acquisition will also provide PDI with a regional presence on the U.S. West Coast to better service customers in that area.

Founded nearly 30 years ago, DM2 provides back office enterprise resource planning (ERP) automation solutions for over 200 customers. The company has been a leading supplier of technology to wholesale petroleum marketers in the U.S. PDI will acquire DM2’s intellectual property, development, and support resources – strengthening its overall operations.

“We are pleased to add DM2’s clients, employees, and expertise to our existing portfolio,” said Jimmy Frangis, chief executive officer, PDI. “The addition of DM2’s software further demonstrates our commitment to the wholesale petroleum industry, expanding our professional services team and developing our presence on the U.S. West Coast. DM2 has hundreds of great clients, and we look forward to serving their business needs for years to come.”

The acquisition of DM2 continues PDI’s strategy of developing, acquiring, and supporting best-in-class industry solutions for the petroleum wholesale and logistics industries worldwide.

“Since 1989 DM2 had a clear strategy of providing integrated and automated solutions for petroleum marketers that enabled the company to do more with fewer resources, and manage by exception to better control operations. DM2 tailored its software to meet specific core petroleum distribution needs and partnered with best-in-class solution providers to provide fully integrated solutions,” said Scott Burkard, chief executive officer, DM2.

PDI and DM2 share a common philosophy to help businesses run better and thrive, by providing enterprise management software that customers rely on to drive operational efficiencies, increase margins and deliver exceptional experiences.

“This acquisition further solidifies the company’s commitment to innovating, growing and looking for opportunities that create value and make a difference for PDI’s customers, partners, and employees,” added Frangis. “PDI is committed to providing customers with the best solutions on the market that will create easy, end-to-end support for their entire global operations. Our goal is to continue bringing together the best people, applying the best processes, and combining the best products, so we continue to be a relevant and valued partner for our customers while preparing them to meet the demands of tomorrow’s tech-driven world.”