Announced
Financials
Sources
Tags
Single Bidder
Friendly
Majority
Acquisition
Pending
Private
United States
Payments / Commerce
payment solutions
Synopsis
PDI, a global provider of ERP, fuel pricing, logistics, and marketing cloud solutions, agreed to acquire ZipLine, a provider of mobile payment technology. Financial terms were not disclosed. “Convenience retailers, wholesale petroleum providers, and grocers have longed for a solution that seamlessly brings together loyalty and digital payments. We’re excited to add ZipLine’s best-in-class ACH and mobile payment technology to deliver on this in a cost-effective, simple manner,” Brian Jefferson, PDI Senior Vice President and General Manager.
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