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Food Service Tech Firm PAR Acquires Delaget for $132 Million

  • 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.

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