PDI acquires DM2 to boost petroleum wholesale segment

Acquisition complements PDI’s solution portfolio, expands its reach within the petroleum supply chain, and extends its professional services team and support to the Pacific Northwest region.

PDI Software, a leading provider of software solutions to convenience retailers and wholesale petroleum marketers, has announced the acquisition of DM2, a privately held from the State of Washington.

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

“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,” said Jimmy Frangis, chief executive officer, PDI.

The acquisition of DM2 continues PDI’s strategy of growth and geographical expansion through the acquisition of competing companies.