Insight Venture Partners Acquires PDI (Professional Datasolutions, Inc.)
March 20, 2019
Insight Venture Partners led an investment to acquire Professional Datasolutions, Inc. (PDI), a provider of enterprise software for convenience retail, wholesale petroleum and fuel logistics. Harvest Partners' non-control SCF vehicle also invested to support the transaction while existing investors Genstar Capital and TA Associates retained minority stakes; proceeds will be used to accelerate PDI's global growth, product innovation and strategic add-on activity.
- Buyers
- Insight Venture Partners, Harvest Partners SCF, LP
- Targets
- Professional Datasolutions, Inc. (PDI)
- Industry
- Software
- Location
- Georgia, United States
- Transaction Type
- Buyout
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