Comdata has acquired a Texas company with which it partnered recently to develop software for unattended fuel stations.
Brentwood-based Comdata isn't disclosing the value of its purchase of eFueling Technologies from Virginia-based Woodfin Oil. The two parties collaborated last year to launch the SmartSight system, which tracks transaction data and activity. The web-based SmartSight platform was launched in 2013.
“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,” said Randy Morgan, executive vice president of the fleet division at Comdata. “The acquisition of eFueling Technologies supports our continuing commitment to growth in fleet fueling market.”
Austin-based eFueling, which was founded in 1982, markets a range of hardware and software products for fleet fuel management. Woodfin had acquired the company's assets and intellectual property 2009 after it ran into financial trouble.
Comdata has 1,200 employees around the world and works with 30,000 customers.
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