Michael D. Nelson
Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.
Highest-materiality recent filing
PAR Tech Q1 revenue $124M (+19% YoY); ARR $330.1M; initiates FY2026 guidance
GAAP net loss improved to $(16.2)M from $(24.5)M; diluted EPS $(0.39) vs $(0.61).
PAR Tech grants board observer rights to 13.2% shareholder Voss Capital
Voss Capital owns 5,426,600 shares (13.2% of PAR common stock).
PAR closes $265M 4% convertible note offering, refinances 2027 notes and repurchases stock
$265M aggregate principal of 4.00% Convertible Senior Notes due 2031; net proceeds ~$256.8M.
PAR Tech Q4 revenue $120.1M, ARR $315.4M; board authorizes $100M buyback
Q4 revenue $120.1M (+14.4% YoY); GAAP net loss $(20.9)M, adjusted EBITDA $7.0M.
PAR exchanges ~$17.1M of 2.875% notes due 2026 for ~398,650 common shares
Exchanged ~$17.1M principal of 2.875% Convertible Notes due 2026 for ~398,650 shares of common stock plus ~$134k accrued interest.
PAR Tech Q3 ARR $298.4M (+22% YoY); revenue $119.2M (+23%); non-GAAP EBITDA $5.8M
ARR grew to $298.4M, up 22% total (15% organic) from $244.7M in Q3 2024; sequential growth $11.7M from Q2 2025.
PAR Technology Q2 revenue up 43.8% to $112.4M; ARR reaches $286.7M, up 49% YoY
ARR of $286.7M, total growth 49% (organic 16%); subscription revenue up 60% YoY.
PAR Technology Q1 ARR $282.1M (+52%), subscription rev up 78% YoY
ARR grew to $282.1M, up 52% total (18% organic) from $185.7M in Q1 '24.
PAR Tech Q4 revenue up 50% to $105M; ARR $276M (+102%); positive adj. EBITDA
Annual Recurring Revenue grew to $276M, total growth 102% inclusive of 21% organic growth from $136.9M in Q4'23.
PAR raises $115M in 1% convertible notes due 2030; to repay $90M Blue Owl term loan
$115M aggregate principal of 1.00% Convertible Senior Notes due 2030 priced Jan 22, 2025; initial conversion price ~$97.00/share (32.5% premium).
PAR Technology acquires Delaget for $132M in stock, expanding restaurant analytics
Acquired Delaget for $132M (subject to adjustments), paid primarily in ~1.5M shares of PAR common stock.
PAR Tech Q3 revenue $96.8M (+40.8%); ARR $248.1M (+93.3%); first positive adj. EBITDA
Q3 GAAP revenue $96.8M (up 40.8% YoY); subscription service revenue +91% YoY.
PAR Tech Q2 revenue $78.2M (+12%); ARR $192.2M (+57%); adjusted EBITDA loss narrows
ARR $192.2M (+56.9%); organic ARR growth 23.9% YoY; subscription service revenues rose 47.7% YoY.
PAR Technology completes acquisition of TASK Group Holdings for ~$131.5M cash plus stock
Total cash consideration of approximately US$131.5M paid; 2,163,393 shares of PAR common stock issued.
PAR Tech enters $90M credit facility to fund TASK acquisition; close expected July 18
Initial aggregate principal amount of $90.0 million term loan from Blue Owl Capital-led lender group.
PAR Technology sells PGSC to Booz Allen for $95M, agrees to sell RRC for $7M
Completed sale of PGSC to Booz Allen Hamilton for $95M cash on June 7, 2024.
PAR Tech Q1 ARR up 60% to $185.7M; revenue rises 5%; net loss widens to $0.62/share
ARR grew 60.2% total, 24.8% organic to $185.7M; subscription revenue up 37% YoY.
Completed acquisition of Stuzo for ~$190M ($170M cash + 441,598 PAR shares); Stuzo serves convenience store and fuel retailer market.
PAR Tech Q4 revenue up 10% to $107.7M but net loss widens to $18.6M; ARR grows 23% to $136.9M
Q4 revenue $107.7M (+10.3% YoY); FY revenue $415.8M (+16.9% YoY).
Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.
Max materiality 0.85 · Median 0.70 · Most common event earnings