PDI acquires logistics automation company
PDI, a global provider of enterprise software solutions to the convenience retail, wholesale petroleum and logistics industries, acquired TouchStar Group LLC, a multinational logistics automation company.
The acquisition expands PDI’s product offerings into enterprise mobility software and automation systems. According to the company, these added capabilities will transform business productivity in the oil and gas, transportation and aviation operations industries. TouchStar’s web-based integrated platform helps customers simplify the management of fleets and mobile enterprises.
TouchStar’s global customer base and infrastructure, along with its sophisticated mobility and fleet automation solutions, complement PDI’s comprehensive logistics solutions suite, says PDI. The addition of TouchStar also supports PDI’s global expansion and local presence in Europe and Asia. It will allow PDI to better serve customers in those regions.
“TouchStar brings strong cloud-based enterprise mobility and automation solutions to PDI and affirms our commitment to delivering powerful software and cloud solutions that will help our customers thrive in a digital economy,” says Jimmy Frangis, CEO of PDI.
According to PDI, TouchStar sells and delivers its software primarily through a SaaS delivery model, and the acquisition will allow PDI to provide customers with a choice of solutions, whether it be on premise, in the cloud or both.
“Staying at the forefront of product and solutions for our customers is key, so investing in anticipation of the future requires building a strategy to future proof our solutions,” Frangis says. “Given the accelerated pace of change that customers face and technology brings, we have developed some guiding principles that shape our architecture strategy and will improve time to market, while enabling us to become more flexible and agile.”