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