---
schema_version: "secwatch.filing_event.v1"
accession: "0000708821-25-000002"
form_type: "8-K"
ticker: "PAR"
cik: "0000708821"
company_name: "PAR TECHNOLOGY CORP"
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T19:12:00.678642+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000708821-25-000002
- form_type: 8-K
- ticker: PAR
- cik: 0000708821
- company_name: PAR TECHNOLOGY CORP
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708821/000070882125000002/0000708821-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708821/000070882125000002/par-20241230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708821-25-000002
- JSON: https://secwatch.observer/filing/0000708821-25-000002.json
- Plain text: https://secwatch.observer/filing/0000708821-25-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.