Proceeds from the offering will be used to partially fund the company’s acquisition of Stuzo Holdings

Davis Polk advised the sole placement agent in connection with PAR Technology’s $200 million private placement of common stock.

PAR Technology used the proceeds from the offering to fund the cash consideration paid in connection with PAR Technology’s acquisition of Stuzo Holdings, LLC.

PAR Technology is a global foodservice technology company and provider of unified commerce for enterprise restaurant brands. PAR Technology is headquartered in New Hartford, New York.

The Davis Polk corporate team included partner Derek Dostal and associate Steven Glendon. All members of the Davis Polk team are based in the New York office.

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