PDI, a Temple, Texas-based provider of enterprise-class software solutions for the convenience retail and wholesale petroleum and logistics industries, received an investment from Genstar Capital.
Followong the deal, TA Associates will retain its stake in PDI.
The amount of the deal was not disclosed.
Led by Jimmy Frangis, chief executive officer, PDI is a global provider of enterprise-class software solutions for retail, wholesale and logistics automation, financial reporting, business insights, workforce management and end-to-end fuel supply chain to the convenience retail and wholesale petroleum and logistics industries.
Its enterprise software and solutions are currently used by over 1,200 customers in more than 50 countries.