Partech Strengths, Domain Expertise, and Key Differentiators
PAR's Restaurant/Retail segment has garnered over three decades of industry leadership, serving as a prominent provider of restaurant and retail technology. With a comprehensive suite of solutions, PAR addresses the diverse needs of restaurant operations, spanning from large chain and independent table service restaurants to global quick-service chains. Beyond the realm of restaurants, PAR's technology finds applications in various sectors, including retail, cinemas, cruise lines, stadiums, and food service companies.
Partech Recent Developments
In September 2023, Cousins Subs, a fast-casual sub sandwich shop with nearly 100 locations, has enhanced its operations with PAR Data Central, an enterprise restaurant management solution. Integrated with PAR Brink POS and the Punchh Loyalty Platform, the technology has streamlined reporting, lowered food costs, and improved inventory management. The system also boosts customer loyalty through features like coupons and QR codes. Cousins Subs plans to leverage more of Data Central's capabilities for further operational enhancements, demonstrating a positive ROI.
In November 2022, Salsarita boosted profitability and customer loyalty through the strategic adoption of PAR's suite, including Punchh, Brink POS, Data Central, and ParPay. Led by CMO Kelly Cooke, the tech stack facilitated agile communication during the pandemic, increasing sales and customer satisfaction. The recent integration of Data Central and ParPay further streamlined operations, ensuring efficiency and customer confidence.
In September 2022, Maya Cinemas partnered with OneDine to streamline the in-theater dining experience. Guests can now order and pay for food and drinks from their seats using their mobile devices. CEO Francisco Schlotterbeck emphasizes Maya Cinemas' commitment to prioritizing the guest experience, while Rom Krupp, CEO of OneDine, looks forward to enhancing the dine-in theater experience and addressing operational challenges. The technology is currently available at the North Las Vegas location, with plans for further expansions.
In October 2021, Grubbrr partnered with ParTech, integrating their self-ordering solution with the Brink POS system. This collaboration streamlines the ordering process, allowing customers to place and pay for orders at Grubbrr's kiosk, seamlessly syncing with the Brink POS. The initiative aims to enhance customer experience, boost revenue, and reduce operational costs for restaurants and retailers.
In March 2020, ParTech introduced PARk it, an online ordering platform that utilizes QR codes and Brink POS software, effectively converting restaurants into self-order kiosks or drive-ins without the need for extra hardware.
Partech Mergers and Acquisitions (M&A) Activities
In September 2023, Partech acquired a 30% stake in UpSlide, a finance industry-focused productivity SaaS company. UpSlide aims to expand globally with Partech's support, particularly in the US and APAC, enhancing client relationships and solidifying its industry leadership. The partnership emphasizes innovative technologies, including AI, aligning with UpSlide's commitment to product excellence. UpSlide anticipates over 50 new hires in the coming years with Partech's backing.
In April 2021, PAR Technology Corporation finalized the acquisition of Punchh, a prominent loyalty provider, for $500 million. This strategic move establishes PAR as a unified commerce cloud platform for enterprise restaurants, securing its leadership position in the industry. The acquisition enhances PAR's capabilities in integrated point-of-sale, back office, payment, and guest engagement solutions.
Partech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Partech applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Partech and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified PAR Brink POS Software, customers.
Partech Overview
8383 Seneca Turnpike
New Hartford, NY, 13413, United States
1 315-738-0600
https://www.partech.com/
Ownership: - NYSE : PAR
Number of Employees: 1700
Functional Markets: ERP Services and Operations,
Key Verticals: Leisure and Recreation, Hospitality, Retail,
Partech Key Enterprise and Cloud Applications
PAR Brink POS Software,
Partech Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Partech Revenue Breakdown By Type, $M:
Partech Enterprise Applications Revenues By Functional Markets, $M:
Partech Enterprise Applications Revenues By Verticals, $M:
Partech Revenues By Region, $M
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EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Partech Direct vs Indirect sales
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Partech Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Partech Customers
No. of Partech Customers: 100000
No. of Partech Enterprise Applications Customers: x
No. of Partech Cloud Customers: x
No. of Partech Cloud Subscribers: x
With a presence in over 100,000 restaurants across 110 countries, PAR is reshaping the point of sale, introducing technological innovation across the entire enterprise.
PAR serves industry giants like McDonald’s, Yum! Brands, Jack in the Box, and Five Guys Burgers & Fries. Recent wins include Lahaina Inn, Hotel Diva, Glacier Park, Château Élan Winery & Resort, Hotel 1000, and others. Key system sales target major entities like McDonald’s Corporation, Yum! Brands and SUBWAY franchisees of Doctor’s Associates. PAR also caters to Baskin-Robbins, Boston Market Corporation, Hardee’s and Carl’s Jr. units of CKE Restaurants, Inc., Legal Sea Foods, LLC, and their franchisees.
In the Hotel/Resort/Spa sector, PAR serves renowned clients like Hilton, Hard Rock, Pebble Beach Resorts, and The Gleneagles Hotel, along with major hotel chains such as Accor, Four Seasons, and Marriott.
Partech Market Opportunities, M&A and Geo Expansions
ParTech unveiled that TempAlert, a specialist in temperature monitoring, has become an IoT integration partner with PAR’s SureCheck Advantage Food Safety Solution.
PAR maintains long-term partnerships with major players in the Restaurant/Retail industry, including McDonald’s Corporation, Yum! Brands, Inc., and SUBWAY franchisees of Doctor’s Associates Inc. Serving McDonald’s since 1980, PAR provides approved restaurant technology systems to their 36,000 global locations. Yum! Brands, with Taco Bell, KFC, and Pizza Hut, rely on PAR's support for its 43,500 restaurants worldwide.
Since 1983, PAR has been an approved supplier and major technology systems provider to Yum! Brands and McDonald’s. The company is expanding its services to SUBWAY, Baskin-Robbins, Hardee’s, Carl’s Jr., Five Guys, and Jack-in-the-Box, along with their franchisees. PAR maintains enduring relationships with key players in the industry, delivering technology solutions to McDonald’s since 1980 and catering to Yum! Brands with Taco Bell, KFC, and Pizza Hut.
Partech Risks and Challenges
The ongoing crisis is anticipated to reshape consumer priorities, emphasizing health, family life, food, and living spaces. Shifts in habits induced by Covid-19 may drive increased demand for sectors such as micro-mobility, robotics in the food industry, and virtual reality. These areas, once underperforming compared to expectations, are now gaining attention as potential growth areas.
Partech Ecosystem, Partners, Resellers and SI
The ongoing crisis is anticipated to reshape consumer priorities, emphasizing health, family life, food, and living spaces. Shifts in habits induced by COVID-19 may drive increased demand for sectors such as micro-mobility, robotics in the food industry, and virtual reality. These areas, once underperforming compared to expectations, are now gaining attention as potential growth areas.
Partech Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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