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PAR Technology adds TASK and Stuzo for unified commerce expansion.

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TLDR:

  • PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings.
  • These acquisitions will expand the global food service technology company’s offerings into convenience stores, fuel retailers, and international markets.

PAR Technology has expanded its unified commerce software offerings by acquiring TASK Group and Stuzo Holdings. TASK Group, an Australian global food service transaction platform, is expected to bring premier global brands into the PAR fold and accelerate future growth. Stuzo Holdings provides digital engagement software to convenience and fuel retailers, increasing PAR Technology’s reach to 25,000 convenience store sites. These acquisitions bring ample customer bases, cross-selling opportunities, and addressable markets to PAR Technology. CEO Savneet Singh highlighted the company’s focus on helping restaurants adopt a “unified commerce” solution, enabling efficient order management and kitchen operations. These acquisitions build on PAR Technology’s previous acquisition of MENU Technologies in 2022 to enhance its suite of unified commerce solutions.


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