Booz Allen Hamilton and NexTech Solutions to acquire PAR Government Systems and Rome Research Corporation from PAR Technology Corporation for $102m.

Booz Allen Hamilton, an American government and military contractor, specializing in intelligence, and NexTech Solutions, engineering consultant, agreed to acquire PAR Government Systems and Rome Research Corporation from PAR Technology Corporation, a company that creates and markets products that help restaurant and retail operators, for $102m. “Today’s announcement represents a milestone in advancing PAR’s goal to become the world’s largest technology provider to enterprise foodservice. The sale of our Government operating segment to notable strategic buyers, Booz Allen Hamilton and NexTech Solutions provides a clear fit for these businesses, allows for a seamless transition and sets up both PGSC and RRC for continued success,” Savneet Singh, PAR Technology CEO.