Insight Venture Partners invested in software company PDI.

Insight Venture Partners invested in PDI, a leading global provider of enterprise software solutions to the convenience retail, wholesale petroleum and logistics industries. Insight Venture Partners joins Genstar and TA Associates, who will both retain minority stakes in PDI. Financial terms were not disclosed. “Insight is an experienced investor with a long-term perspective that will help PDI continue to meet the growing and changing needs of our customers, innovate our software portfolio, and provide world-class global service. We believe the added capital and resources provided by Insight, in addition to the ongoing support and confidence from Genstar and TA Associates, will further the development of our advanced software portfolio and allow for strategic add-on acquisitions that we are confident will meet the needs of a rapidly changing market,” said Jimmy Frangis, CEO, PDI.