PDI Signs Definitive Agreement to Acquire Orbis Tech Entering the Global POS Market

Professional Datasolutions, Inc.

PR91240

 

PDI Signs Definitive Agreement to Acquire Orbis Tech Entering the Global POS Market and Names Brad McGuinness as Senior Vice President of Point of Sale Solutions

 

ATLANTA, Sept. 1, 2021 /PRNewswire=KYODO JBN/ --

 

- The company adds POS software suite and expands its international

back-office, and home-office capabilities to help global fuel, hospitality and

retail businesses thrive

 

PDI (www.pdisoftware.com), a global provider of leading enterprise management

software for the convenience retail and petroleum wholesale industries, has

signed a definitive agreement to acquire Orbis Technologies Ltd (Orbis Tech), a

global provider of cloud-based point of sale (POS), back-office, and

home-office business solutions. The acquisition enhances PDI's international

software offerings with a seamless POS, back-office, and home-office cloud

platform that will help businesses simplify complex in-store and forecourt

operations. In addition, Brad McGuinness joins PDI as senior vice president of

PDI Point of Sale Solutions bringing 30+ years of expertise in POS technology

and the petroleum and convenience retail industries.

 

Logo - https://mma.prnewswire.com/media/1517102/PDI_color_Logo.jpg

 

Orbis Tech has developed modular POS, cloud-based back-office, and home-office

software that works seamlessly as an end-to-end solution, providing businesses

of any size with international operations the flexibility they need to run

their business. PDI has a long history of serving its customers and delivering

software that will meet their needs today while setting them up for what lies

ahead. A modern, integrated POS software suite is becoming increasingly

important to the future of convenience retail and how businesses reinvent their

stores and the customer experience. PDI will continue to invest in the platform

to accelerate delivery and ensure ongoing global operational support for

customers.

 

"We've built a powerful single stack suite of solutions for hospitality,

convenience, and fuel retail and are excited to join the PDI team," said Orbis

Tech CEO Jorundur Jorundsson. "Together, we'll be able to innovate and deliver

even faster -- so we can build upon our robust software leveraging PDI's

expertise in retail back-office operations, network security, and protecting

critical data and assets."

 

PDI strengthens its leadership and position in the market as Brad McGuinness

joins the company to oversee their POS solutions, including the Orbis POS,

back-office, and home-office cloud platform. Before joining PDI, Brad

McGuinness held several leadership positions during his 25+ years with

Verifone. He was responsible for bringing Ruby, Commander, Topaz, and the

Verifone Mx multilane pin pad family of products to the retail and petroleum

industries. Early in his career, Brad led key standards development initiatives

with Conexxus; he currently serves on the NACS supplier board and has been

recognized as one of the 50 most influential people in the convenience store

industry.

 

"PDI has an outstanding reputation in the industry and a world-class leadership

team," said Brad McGuinness, senior vice president of Point of Sale Solutions

at PDI. "I'm excited to join the team and looking forward to growing the point

of sale business and helping PDI customers succeed."

 

"Orbis Tech has built a complete solution that fits the needs of our

international customers, enabling them to optimize their business while

simplifying their technology stack," said Jimmy Frangis, CEO at PDI. "Adding

POS software, strengthening our back-office and home-office solutions, and

appointing industry veteran Brad McGuinness to lead, positions PDI to serve the

industry now and help our customer reshape the future."

 

Berenson and Company served as exclusive financial advisors to PDI in connection

with the transaction.

 

About PDI

Professional Datasolutions, Inc. (PDI) software helps businesses and brands

increase sales, operate more efficiently and securely, and improve critical

decision-making. Since 1983, PDI has proudly served the convenience retail and

petroleum wholesale industries. Over 1,500 companies, representing more than

200,000 locations worldwide count on PDI's solutions and expertise to deliver

convenience and energy to the world. For more information about PDI, visit us

at www.pdisoftware.com.

 

PR contact: Anna Patrick, Media Frenzy Global

+1 201.704.6311 I anna@mediafrenzyglobal.com

 

SOURCE:  Professional Datasolutions, Inc.

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