Par Technology (PAR) announced its acquisition of Delaget. The transaction closed on December 31, 2024. Founded in 2001, Delaget serves over 30,000 locations, with 125+ brands among its customers. Delaget’s platform delivers data analytics, loss prevention, and operational insights that help restaurant operators streamline operations and improve profitability. Under the terms of the definitive agreement, Par acquired 100% of the outstanding equity interests of Delaget in consideration for Par’s payment of $132M, which was principally paid in shares of Par common stock.
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