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New Deal


Announced

Toast acquires StratEx.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Natural

Majority

United States

human resources software

Acquisition

Software

Pending

payroll software

Private

Single Bidder

Synopsis

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Toast, restaurant management platform provider,​acquired StratEx, a leading provider of HR and payroll software for restaurants. Financial terms were not disclosed. "By adding StratEx to the Toast Platform​, we can better support restaurants of all sizes in simplifying HR, payroll, and talent management on a platform that works seamlessly with Toast and our technology partner ecosystem." Chris Comparato, CEO of Toast.

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