April 8, 2021
April 8, 2021 – NEW HARTFORD, N.Y.–(BUSINESS WIRE
)–PAR Technology Corporation (NYSE: PAR), a leading global provider of restaurant software, today announced that it has acquired Punchh Inc. (“Punchh”), a leader in loyalty and guest engagement solutions, for approximately $500 million paid in cash and shares of PAR common stock to Punchh stockholders. This acquisition makes PAR a unified commerce cloud
platform for enterprise restaurants
and positions PAR to lead the industry with integrated point-of-sale, back office, payment and guest engagement solutions.
Read the full article