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ParTech Inc., a global restaurant technology company and provider of unified commerce for enterprise restaurants, is acquiring Zug, Switzerland-based Menu Technologies AG, an omnichannel ordering solution for restaurant brands.
The acquisition adds a robust online ordering component to PAR's suite of unified commerce solutions that maximize business performance for PAR customers, better positioning the organization as one of the first unified commerce solutions for enterprise restaurants, Par CEO and President Savneet Singh said in a company press release.
"Today, restaurants are overwhelmed with disparate technologies that are devoid of the connectivity or intelligence that a unified solution offers," he said. "The acquisition of MENU allows PAR to consolidate a restaurant's off-premise and on-premise orders into one unified tech stack. Restaurants will now have a unified, data-driven network from the point of order to the kitchen, and all the way through fulfillment, allowing their teams to focus on delivering a better guest experience, instead of wasting time on vendor management."
Menu's online ordering capabilities enhances Par's integrated suite of SaaS solutions that includes Brink POS for front-of-house, Data Central for back-office, Par Pay and Par Payment Services for Payments as well as Punchh for customer loyalty and engagement.
"Since day one, our technology was purpose-built for restaurant brands to win back their customers, simplify management of digital channels and streamline ordering processes," Menu Co-Founder and CPO Marlon Koch said in the release. "We're excited about joining forces with PAR to accelerate our vision and become part of a unified solution that is truly revolutionizing restaurant technology and supporting enterprise brands across continents."