Tech Company M&A Transactions
Punchh Acquisition
Headquartered in San Mateo, Punchh was acquired by PAR Technology. The transaction price was $500 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/8/2021
Transaction Type
M&A
Amount
$500,000,000
M&A Terms
PAR Technology Corp acquired Punchh for $500 million in cash and shares of PAR common stock. PAR said it financed the deal, in part, with a sale of $160 million of PAR stock to Ron Shaich's Act III Holdings and to funds and accounts advised by T. Rowe Price Associates Inc.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
1875 S. Grant St. 810
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Overview
It all started when a restaurateur friend called and asked for marketing help. He was spending a lot on marketing -- TV, local newspaper ads, search engine marketing, social media -- but he had no idea if any of the tactics were working or which ones were most effective.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shyam Rao
Chief Financial Officer
Anish Mehta
Chief Technical Officer
Aditya Sanghi
VP - Bus. Development
Sastry Penumarthy
VP - Sales
Donald Wight
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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