PAR Technology Acquires TASK Group and Stuzo to Expand Unified Commerce Offerings

Longshore Capital Partners Completes Strategic Investment in Stuzo

May 25, 2021

Payments & Fintech

Chicago-based private equity firm Longshore Capital Partners completed a strategic investment in Stuzo, a Philadelphia-based provider of loyalty, contactless payments, and cross-channel customer experience technology for fuel and convenience retailers. The investment will support Stuzo’s growth and expand its Open Commerce product suite and managed services to help retailers drive wallet share and customer lifetime value; terms were not disclosed.

ParTech Acquires MENU Technologies AG

August 9, 2022

Restaurants & Hospitality

PAR Technology Corporation (ParTech) has acquired MENU Technologies AG, a Switzerland-based omnichannel online ordering and eCommerce platform for restaurant brands. The deal adds MENU's online ordering and delivery orchestration capabilities to PAR's unified commerce suite, enhancing PAR's ability to offer integrated POS, payments, loyalty and back-office solutions to enterprise restaurant clients.

INSPYR Solutions Acquires ProTask

May 14, 2023

Staffing & HR

INSPYR Solutions, a national IT staffing and technology solutions firm and portfolio company of A&M Capital Partners, has acquired ProTask, a Washington, D.C.-based strategic staffing and consulting agency. The deal expands INSPYR's geographic presence and capabilities in the Mid-Atlantic region and brings ProTask's ~100 employees and client relationships into the INSPYR platform.

Waystar Acquires PARO Decision Support

June 6, 2019

Software

Waystar acquired PARO Decision Support, a provider of predictive-analytics-powered presumptive charity scoring for hospitals, and integrated PARO's solution into its revenue-cycle technology platform. The acquisition expands Waystar's capabilities in automating charity-determination, helping hospitals identify financial assistance-eligible patients and reduce bad debt.

Parata Systems Acquires Synergy Medical

July 6, 2021

Medical Devices

Parata Systems, a portfolio company of Frazier Healthcare Partners, has acquired Synergy Medical, a Longueuil, Quebec-based developer of pharmacy blister-card automation technologies. The deal expands Parata’s pharmacy automation capabilities—adding Synergy’s blister automation systems and roughly 150 employees—to broaden offerings for retail, hospital, long-term care and direct-to-home pharmacies.

Parsons Corporation Acquires Braxton Science & Technology Group

November 19, 2020

Aerospace & Defense

Parsons Corporation completed the acquisition of Braxton Science & Technology Group for $300 million (reported as $258 million less the tax asset). Braxton, headquartered in Colorado Springs, Colorado, brings more than 370 employees and expands Parsons' capabilities in satellite operations, ground system automation, flight dynamics, and space cyber for defense and intelligence customers.