Technology

Par acquires Delaget

January 3, 2025

PAR Technology Corporation, a global foodservice technology company, has acquired Delaget, a provider of restaurant analytics and business intelligence solutions. The $132 million transaction closed on Dec. 31, 2024.

"The acquisition of Delaget marks another strategic milestone in PAR's mission to build the industry's most comprehensive food service platform," Savneet Singh, PAR Technology CEO, said in a company press release. 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."

Joining forces with PAR Technology represents an exciting new chapter for Delaget's customers and employees, said Jason Tober, CEO of Delaget.

"Our shared vision for transforming restaurant operations through data insights, combined with PAR Technology's scale and industry leadership, will allow us to deliver even greater outcomes to our customers," he said in the release. "As part of PAR Technology, we will bring our platform and solutions to even more businesses across the globe and provide an open integration platform that best serves top restaurant operators and brands."

Founded in 2001, Delaget delivers data analytics, loss prevention and operational insights to over 30,000 restaurant locations.