Olo Inc. (NYSE:OLO) to be acquired by software investor Thoma Bravo in an all-cash transaction valuing Olo at approximately $2.0 billion in equity value.| www.thomabravo.com
Thanks to its recent acquisition of San Francisco-based food delivery startup Fastbite, Square is adding a whole new option to Caviar that will reduce the cost of meals and time customers spend waiting for them to be delivered. By doing so, it will compete more directly with local food delivery services like Sprig and Spoonrocket.| TechCrunch
PAR Technology Corporation (NYSE: PAR), a global leader in enterprise foodservice technology, today announced the launch of PAR Engagement—a next-generation portfolio of engagement products purpose-built to help enterprise restaurants convert more guests, grow faster, and simplify operations. [...]| restauranttechnologynews.com
DoorDash has announced its acquisition of restaurant technology company SevenRooms for $1.2 billion, marking one of the largest strategic bets in the hospitality tech sector in recent years. This move signals a deliberate step by [...]| restauranttechnologynews.com
Restaurant technology solution provider Toast, which bills itself as the all-in-one digital technology platform built for restaurants and has established itself in recent years as a leader in restaurant management and POS systems, has acquired [...]| restauranttechnologynews.com
Crunchtime Information Systems and QSR Automations have confirmed plans to merge, creating a comprehensive restaurant technology provider that spans the entire lifecycle of food service—from ingredient ordering through kitchen execution. Founded in 1995, Crunchtime built [...]| restauranttechnologynews.com