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Announced

Completed

Toast completed the acquisition of Sling.

Financials

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

Tags

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Private

Domestic

Completed

Majority

Friendly

employee scheduling platform

Single Bidder

management solutions

United States

Acquisition

Software

Synopsis

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Toast, a cloud-based restaurant management software company, completed the acquisition of Sling, a employee scheduling, communication and management solutions provider. Financial terms were not disclosed. “Great employees are what make restaurants run. By adding Sling to the Toast platform, we can provide a more comprehensive suite of team management products purpose-built for restaurants, from new hire onboarding to payroll processing, and now the ability to schedule shifts across the team. Our customers will benefit from the ability to simplify communication across their team, control their labor costs and efficiently manage their teams through one integrated platform. We're delighted to welcome the Sling team to the Toast family,” Aman Narang, Toast COO and Co-Founder.

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