Comdata Inc. said it has acquired fuel management firm eFueling Technologies. Terms were not disclosed.
Austin, Texas-based eFueling is a subsidiary of Woodfin Oil Co., which purchased the company in 2009.
“This is an exciting opportunity for eFueling to join a company that shares our passion for product quality and customer service,” Woodfin President Jack Woodfin said in a statement.
Comdata, based in Brentwood, Tenn., previously worked with eFueling to develop SmartSight, a real-time Web-based system that allows fuel merchants to view transaction data at unattended fueling sites.
Comdata said the acquisition will expand its product offerings in the unattended fueling market by combining the company’s product knowledge and industry experience.
“Comdata has been offering payment processing solutions to fuel merchants for more than 20 years, and we continue to provide tools and data to help our customers drive successful business operations,” Randy Morgan, executive vice president of the fleet division, said in a statement.
“The acquisition of eFueling Technologies supports our continuing commitment to growth in fleet fueling market,” he said.
