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Synopsis
PAR Technology, a provider of information technology solutions to organizations and businesses in the hospitality industry worldwide, completed the acquisition of Delaget, a provider of restaurant analytics and business intelligence solutions, for $132m. “The acquisition of Delaget marks another strategic milestone in PAR’s mission to build the industry’s most comprehensive food service platform. Delaget’s analytics capabilities perfectly complement our Operator Cloud solution, while offering immediate value to our customers through enhanced back-office capabilities, delivery operations, and data-driven insights. Our combination will help restaurant operators make better decisions, reduce costs, and drive operational excellence all in real-time. Access to the Delaget product suite will accelerate development timeframes of the PAR Data Platform, a major initiative that unites data across a restaurant’s tech stack to provide unparalleled guest and operational insights,” Savneet Singh, PAR Technology, CEO and President.
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