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Company Description

Contact Info

PAR Technology Park

8383 Seneca Turnpike

New Hartford, NY 13413

United States

Phone: 315-738-0600

Fax:

PAR Technology Corporation provides technology solutions and contract services Segments The company has operations in two business segments, Hospitality and Government. Hospitality segment This segment provides technology solutions, including software, hardware and a range of support services, to businesses and organizations within the hospitality industry that includes restaurants, grocery stores and specialty retail outlets worldwide. It continues provides hospitality management technology solutions to restaurants (the quick service, fast casual and table service categories) with approximately 75,000 systems installed in approximately 110 countries. These technology solutions are marketed collectively through the company’s hospitality segment. The company’s solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, installation and lifecycle support services. Its software offerings for the restaurant market include front-of-store POS software applications, operations management software applications (back office software), and enterprise software applications for content management and business intelligence. The company’s hardware offerings for the restaurant market include point-of-sale (POS) terminals, tablets, kitchen systems utilizing printers and/or video monitors, and a range of food safety monitoring and task management hardware and software solutions. Products The company markets its software, hardware and services as an integrated solution or unbundled, on an individual basis. Its Brink POS (Brink) software is a cloud-based POS platform that scales for single and multi-unit operators with traditional and mobile platforms. Software Restaurant Market The company’s restaurant software offerings are designed for multi-unit and individual restaurant operators, franchise and the enterprise alike in the three dominant restaurant categories, including fast casual restaurants, quick serve restaurants and table service restaurants. Its software is designed to allow customers to configure their technology systems that meet their order entry, food preparation, inventory, and workforce management needs, while capturing real-time transaction data at each location and delivering insight throughout the enterprise. Brink software is a cloud based point of sale (POS) software for restaurants, especially the fast casual segment. Brink POS software is integrated with features that include but are not limited to loyalty at its core, mobile online ordering, kitchen video system, guest surveys, enterprise reporting, mobile dashboard. The company’s PixelPoint software solution is primarily sold to independent table service and quick serve restaurants through its channel partners. This integrated software solution includes a point of sale software application, a self-service ordering function, an enterprise back-office management function, and an enterprise level loyalty and gift card information sharing application. PixelPoint Head Office Cloud is a Web-based enterprise reporting solution that consolidates restaurant data, and is offered as Software-as-a-Service (SaaS). Designed for corporate, field, and site managers, this decision-making tool provides visibility into every restaurant location via a dashboard displaying customer-defined financials, sales analysis, marketing, inventory, and workforce variables. PAR also offers applications for forecasting, labor scheduling, and inventory management. Software Retail Market The SureCheck software solution provides food safety temperature monitoring and employee task management functionality through the combination of a cloud-based enterprise server application, a PDA-based mobile application and a patented integrated temperature measuring device. This solution is effective for managing Hazard Analysis & Critical Control Points inspection programs for retail and food service organizations, and automates the monitoring of quality risk factors. The SureCheck platform was also designed to help hospitality and retail operators complete and monitor the compliance of employee tasks while providin

 

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Valuation PAR Industry Range
Price/Earnings 21.2x
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow 167.2x
TEV/Sales 0.3x
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