PAR Technology - M&A Summary and Business Overview

SoftwareCompany

PAR Technology M&A Summary

PAR Technology has acquired 8 companies, including 6 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.

PAR Technology’s largest acquisition to date was in 2021, when it acquired Punchh for $500M. It’s largest disclosed sale occurred in 2012, when it sold PAR Logistics Management Systems to ORBCOMM for $6M. PAR Technology has acquired in 4 different US states, and 4 countries. The Company’s most targeted sectors include software (63%) and internet software and services (13%).

PAR Technology Business Overview

Where is PAR Technology headquartered?

PAR Technology is headquartered in New Hartford, New York.

What is PAR Technology’s revenue?

PAR Technology disclosed revenue of 416M USD for 2023 and 356M USD for 2022.

How many employees does PAR Technology have?

PAR Technology has 1,800 employees.

What sector is PAR Technology in?

PAR Technology is a software company.

When was PAR Technology founded?

PAR Technology was founded in 1968.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity8
    • M&A Sell Activity5
  • Total Sectors Invested 4
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 7
  • M&A Advisors 3

PAR Technology

PAR Technology Corp.

PAR Technology Park, 8383 Seneca Turnpike,
New Hartford, New York 13413
United States,
(315) 738-0600
www.partech.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 4 - 1 1 - 2 8
vol $50M $500M $396M $946M
Sell (0.4/yr) # 3 - - - - 2 5
vol $6M $6M
  13

Most Recent M&A

Company Date Value Type
PAR Government Systems Corp. 2024-06-10 - Divestiture
Rome, New York · www.pargovernment.com
Rome Research Corp. 2024-06-10 - Divestiture
Rome, New York
Task Retail Technology Pty Ltd. 2024-03-11 206M USD Add-on Acquisition
Mona Vale, Australia · www.tasksoftware.com
Stuzo Holdings LLC 2024-03-11 190M USD Add-on Acquisition
Philadelphia, Pennsylvania · www.stuzo.com
MENU Technologies AG 2022-08-09 - Add-on Acquisition
Zug, Switzerland · www.menu.app
Punchh, Inc. 2021-04-08 500M USD Add-on Acquisition
San Mateo, California · www.punchh.com
AccSys LLC 2019-11-07 42M USD Add-on Acquisition
Tampa, Florida · www.restaurantmagic.com
PAR Technology Corp. - SureCheck 2019-10-30 - Divestiture
New Hartford, New York
3M Co. - Drive Thru Communications Systems Business 2019-09-04 - Divestiture
St Paul, Minnesota
PAR Springer-Miller Systems, Inc. 2015-11-04 - Divestiture
Stowe, Vermont · www.springermiller.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 5 (63%) 756M (80%) 1 (20%) 6M (100%)
Communications 1 (13%) - 1 (20%) -
Information Technology 1 (13%) - 1 (20%) -
Internet Software and Services 1 (13%) 190M (20%) 1 (20%) -
Business Services - - 1 (20%) -
Total 8 $946M 5 $6M

By Geo

State/Country Buy Value Sell Value
United States 5 732M 5 6M
  New York - - 3 -
  California 2 500M - -
  Pennsylvania 1 190M - -
  Minnesota 1 - - -
  Florida 1 42M - -
  Vermont - - 1 -
  New Hampshire - - 1 6M
Australia 1 206M - -
Canada 1 8M - -
  Ontario 1 8M - -
Switzerland 1 - - -
Domestic 5 (63%) 732M (77%) 5 (100%) 6M (100%)
Cross-border 3 (38%) 214M (23%) - -
Total 8 $946M 5 $6M

Top M&A Advisors

Financial Deals
Needham & Co. LLC
1
Goldman Sachs
1
Legal Deals
Gibson, Dunn & Crutcher
1

Deal Values

buy # Total
$100M to $1B 3 $896M
< $100M 2 $50M
TOTAL $946M
Largest Punchh, Inc.
$500M (2021-04-08)
sell # Total
< $100M 1 $6M
TOTAL $6M
Largest PAR Logistics Management Systems Corp.
$6M (2012-01-12)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
13%
1 (13%)
Divested to
Strategic(s)
100%
5 (100%)

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