PAR Technology Corporation announced on January 2, 2025, its acquisition of Delaget, LLC, a leading provider of restaurant analytics and business intelligence solutions. The transaction, which closed on December 31, 2024, involved PAR acquiring 100% of Delaget's outstanding equity interests for $132.0 million, principally paid in shares of PAR common stock.
Delaget, founded in 2001, serves over 30,000 locations and more than 125 brands, including 40 of the top 50 North America-based restaurant concepts. Its comprehensive platform delivers data analytics, loss prevention, and operational insights that help restaurant operators streamline operations and improve profitability.
Savneet Singh, PAR Technology’s CEO, stated that the acquisition marks another strategic milestone in PAR’s mission to build the industry’s most comprehensive foodservice platform. Delaget’s analytics capabilities perfectly complement PAR’s Operator Cloud solution, offering immediate value through enhanced back-office capabilities and accelerating the development of the PAR Data Platform, which aims to unite data across a restaurant’s tech stack.
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