Food service technology company PAR Technology has acquired Delaget, a restaurant analytics provider, in a $132 million deal. The acquisition aims to enhance back-office capabilities, delivery operations, and data-driven insights for PAR's customers.
Delaget, founded in 2001, serves over 125 brands including top restaurant concepts in North America. Its platform offers data analytics, loss prevention, and operational insights.
PAR Technology's previous acquisitions of TASK Group and Stuzo Holdings expanded its food service technology offerings into convenience stores, fuel retailers, and international markets.
The restaurant sector is experiencing a technological transformation with a focus on payment innovations, such as pay-at-the-table technology, driven by the demand for a better customer experience and increased security.