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PAR Technology buys Taco Bell loyalty platform Punchh in a deal valued at $500 million.
Ron Shaich s Act III Holding company is financing $160 million of the purchase.
The acquisition is among a string of recent food tech purchases or investments. Here s a list of the deals.
Under founder Ron Shaich, Panera Bread deployed in-store kiosks and gave customers options for rapid mobile order pickup long before it became en vogue in the restaurant industry.
The industry pioneer went on to sell Panera Bread to Krispy Kreme owner JAB Holding. He is now the CEO of Act III Holdings, a private equity firm that invests in emerging and forward-thinking brands and companies. Act III s latest investment is Punchh, a loyalty platform for fast-food brands like Taco Bell and Papa John s.
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Fivetran Grows Global Footprint With Singapore Expansion
April 7, 2021 GMT
OAKLAND, Calif. (BUSINESS WIRE) Apr 7, 2021
Fivetran, the leader in automated data integration, today announced the opening of a new office and cloud region in Singapore, continuing the company’s expansion in the Asia-Pacific region. The Singapore opening follows the launch of its APAC HQ in Sydney in May 2020, and enables Fivetran to provide 24/7/365 customer support across all regions.
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The new office extends staff across several key departments, including sales, marketing, partnerships and customer support, allowing Fivetran to better serve customers and partners in whatever regions they do business. With the launch of this new cloud region in Singapore adding to cloud regions in the United States, Canada, the European Union, the United Kingdom and Australia Fivetran provides a global, hig
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