PDI continues to invest in vertical stack and regional customer service capabilities while increasing global workforce.
ATLANTA, GEORGIA, January 19, 2022 (Business Wire) – PDI (pdisoftware.com), a global provider of leading enterprise management software for the convenience retail and petroleum wholesale industries, has acquired Universe Group plc, the British financial technology company. The transaction includes the acquisition of Universe Group entities htec and Celtech. htec is widely known throughout the United Kingdom for its comprehensive, real-time technology, as well as its service solutions that support 5,700 retail sites and more than 15 billion transactions each year.
This latest investment in the UK and Ireland further expands PDI’s international growth, with an emphasis on strengthening the enterprise productivity business since entering the global Point of Sale (POS) market in 2021. In addition to increasing its vertical stack solution offering, PDI will significantly increase its regional presence as Universe Group employees join the global PDI organization.
“At PDI, we’re focused on growing globally to support convenience and petroleum customers worldwide,” said Brad McGuinness, Senior Vice President, POS Solutions at PDI. “The Universe Group team adds significant breadth and experience to what we can offer in the UK and Ireland, and we look forward to building on this foundation as we increase our capabilities and capacity.”
With Universe Group, htec, and Celtech, PDI continues supporting retailers throughout the region in driving efficiency into their daily operations. This includes htec POS and back-office products; indoor and outdoor payment terminals and associated applications; fuel control capabilities; payment processing gateways; and hardware warehouse and distribution solutions. In addition, the existing htec team, support center, and repair center will now help in-region PDI customers.
“At Universe Group we’ve always focused on bringing real-time solutions, control, and outstanding service across our customer portfolio. We strive to always help by adding value,” said Neil Radley, Chief Executive Officer, Universe Group. “In joining PDI we will be able to deepen our customer offering and develop our capability more rapidly both the in the UK and beyond.”
Berenson & Company and VSA Capital Limited served as financial advisors to PDI in connection with the transaction.
About PDI Technologies, Inc.
Professional Datasolutions, Inc. is now PDI Technologies, Inc.
With 40 years of industry leadership, PDI Technologies, Inc. resides at the intersection of productivity and sales growth, delivering powerful solutions that serve as the backbone of the convenience retail and petroleum wholesale ecosystem. By “Connecting Convenience” across the globe, we empower businesses to increase productivity, make informed decisions, and engage faster with their customers. From large-scale ERP and logistics operations to loyalty programs and cybersecurity, we’re simplifying the industry supply chain for whatever comes next. Today, we serve over 200,000 locations worldwide with solutions like the Fuel Rewards® program and GasBuddy, two popular brands representing 15 million monthly users. pditechnologies.com
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Important Information for Universe Shareholders
Universe shareholders seeking to retrieve their funds should contact Link Group.
Link’s Shareholder Helpline: 0371 664 0300