Toast

Toast is a cloud-based point-of-sale and restaurant-management platform for the food service and hospitality industry. It offers an end-to-end system that combines front-of-house and back-of-house functionality, including tableside ordering, online ordering, delivery tracking, labor management, and real-time reporting. The platform serves a broad range of establishments such as restaurants, bakeries, cafes, bars, nightclubs, and pizzerias, with a focus on mid-market operators primarily in the United States. Toast generates revenue from the sale of restaurant-grade hardware and recurring subscriptions and services tied to transaction volume. As of fiscal 2024, it served approximately 134,000 restaurant locations, and its typical customer generates slightly more than $1 million in annual revenue. The company is headquartered in Boston and maintains additional offices in Portland, Oregon; Omaha, Nebraska; and Dublin, Ireland.

Jennifer DiRico

SVP and General Manager of International at Toast

Debra Fleig

Vice President, Customer Support

4 past transactions

Delphi Display Systems

Acquisition in 2023
Delphi Display Systems, Inc., founded in 1995 and based in Costa Mesa, California, specializes in providing consumer engagement and business optimization technology solutions tailored for the food service industry. The company offers customized digital signage hardware, software, and services that help businesses interact with and retain customers. Their product range includes indoor and outdoor digital menus, order confirmation systems, drive-thru timers, and various digital signage solutions for retail and petroleum/C-store environments. Delphi's professional services encompass hosting, content management, project management, and creative content development. The company serves a diverse clientele including quick service restaurants, hospitality, education, convenience stores, healthcare, automotive, and other industries globally, with a notable presence in over 40,000 locations across more than 75 countries.

getsling

Acquisition in 2022
Getsling is an easy-to-use, free shift scheduling and planning software that helps your business manage shifts and communicate with employees.

xtraCHEF

Acquisition in 2021
xtraCHEF is a cloud-based restaurant management platform that provides finance and operations teams with tools to enhance productivity and profitability. The platform focuses on digitizing invoices, which allows restaurants to access valuable data and insights for improved decision-making in areas such as recipe and inventory management, purchasing, and vendor negotiations. By automating the capture, digitization, mapping, and coding of vendor invoices, xtraCHEF helps restaurant operators, caterers, and accountants save time and reduce costs associated with manual tasks. Additionally, users can benefit from manufacturer rebates, further contributing to cost savings. Overall, xtraCHEF aims to facilitate digital transformation in the restaurant industry through advanced technology and data-driven solutions.

StratEx Partners

Acquisition in 2019
StratEx Partners specializes in providing human resource software and services tailored for mid-sized businesses. The company focuses on automating the administrative aspects of the employee lifecycle, such as payroll, scheduling, timekeeping, and benefits administration, which helps streamline HR functions and reduce operational risks. By offering solutions that enhance labor law compliance and automate applicant tracking, StratEx Partners enables growing businesses to better manage their workforce while concentrating on their core competencies. Its services aim to support organizations with lean resources and multiple locations, ultimately improving efficiency and performance management.
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