M&A Deal Summary

ORBCOMM Acquires PAR Logistics Management Systems

On January 12, 2012, ORBCOMM acquired software company PAR Logistics Management Systems from PAR Technology for 6M USD

Acquisition Highlights
  • This is ORBCOMM’s 1st transaction in the Software sector.
  • This is ORBCOMM’s largest (disclosed) transaction.
  • This is ORBCOMM’s 2nd transaction in the United States.
  • This is ORBCOMM’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2012-01-12
Target PAR Logistics Management Systems
Sector Software
Buyer(s) ORBCOMM
Sellers(s) PAR Technology
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

PAR Logistics Management Systems

New Hartford, New Hampshire, United States
Par Logistics Management Systems Corporation is a provider of tracking of visibility to mobile assets throughout North America.

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Buyer(S) 1

Buyer

ORBCOMM

Rochelle Park, New Jersey, United States

website

Category Company
Founded 2001
Sector Communications
Employees786
Revenue 272M USD (2019)
DESCRIPTION

ORBCOMM is a wireless data communications company, provides machine-to-machine communication solutions. ORBCOMM was founded in 2001 and is based in Rochelle Park, New Jersey.

DEAL STATS #
Overall 2 of 11
Sector (Software) 1 of 3
Type (Add-on Acquisition) 1 of 10
State (New Hampshire) 1 of 1
Country (United States) 2 of 7
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-17 StarTrak Systems

Morris Plains, New Jersey, United States

StarTrak Systems LLC Provides wireless technology and web-based software for controlling refrigerated transportation assets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 MobileNet

Milton, Georgia, United States

MobileNet, Inc. develop and market custom mobile data solutions for the heavy equipment and railroad industries. As a pioneer in the remote monitoring of assets, MobileNet was among the first to develop satellite monitoring for construction equipment with its TrakPak line of remote monitors. MobileNet’s growth and reputation are attributable to its practice of continually providing innovative products and valued services to its customers.

Buy -

Seller(S) 1

SELLER

PAR Technology

New Hartford, New York, United States

website

Category Company
Founded 1968
Sector Software
Employees1,800
Revenue 416M USD (2023)
DESCRIPTION

PAR Technology is a provider of software technology services to restaurant and retail industry. PAR Technology was founded in 1968 and is based in New Hartford, New York.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 3
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-05 PixelPoint Technologies

Vaughan, Ontario, Canada

PixelPoint Technologies, Inc. is a premier supplier to the hospitality industry with over 5,000 installations in full-service restaurants around the globe. Their integrated software solution includes HeadOffice(R) enterprise management, PocketPOS(TM), a wireless application that is seamless to their connected capability and allows remote order taking in the dining room, Web-to-Go(TM), on-line ordering capability for customers via the Internet, and MemberShare(TM), an in-store and enterprise level Loyalty and Gift Card information sharing application.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-19 Brink Software

San Diego, California, United States

Brink Software, Inc. is a fast emerging provider of cloud based point of sale (POS) software for restaurants.

Buy -
Mergr

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