PAR Technology acquires Delaget for $132M in stock, expanding restaurant analytics

PAR TECHNOLOGY CORP

Acquired Delaget for $132M (subject to adjustments), paid primarily in ~1.5M shares of PAR common stock.
Delaget serves 30,000+ locations, 125+ brands including 40 of top 50 North American restaurant concepts.
Delaget provides data analytics, loss prevention, and operational insights; will accelerate PAR Data Platform.
CEO Savneet Singh granted 61,282 time-vesting RSUs: 15% vest Jan 2026, 15% Jan 2027, 70% Jan 2028.

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