Toast
Toast, Inc. is a Boston-based restaurant technology company that specializes in developing an all-in-one point-of-sale and restaurant management platform tailored for the food service and hospitality industries. Founded in 2011, Toast offers a cloud-based system designed specifically for restaurants, enabling functionalities such as tableside ordering, real-time reporting, online ordering, and labor management. The platform serves a diverse clientele, including restaurants, cafés, bars, and bakeries, and supports over 120,000 locations across the United States. Toast generates revenue through software subscription fees, transaction processing commissions, and additional services such as hardware installation and professional support. By facilitating payment transactions on its platform, Toast processed approximately $126 billion in gross volume in 2023, demonstrating its significant role in the restaurant technology landscape.
Delphi Display Systems
Acquisition in 2023
Delphi Display Systems, Inc. specializes in consumer engagement and business optimization technology solutions for the food service industry, particularly quick-service restaurants (QSRs). The company develops customized digital signage hardware and software, along with a range of services designed to enhance customer interaction and retention. Its offerings include indoor and outdoor digital menu boards, order confirmation systems, and drive-thru technologies, with installations in over 40,000 locations across more than 75 countries. Beyond the food service sector, Delphi also serves industries such as education, corporate, transportation, and entertainment, providing additional services like content management and creative development. Founded in 1995 and headquartered in Costa Mesa, California, Delphi Display Systems aims to deliver impactful visual engagement solutions that drive business success.
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 provides human resource software and applications tailored for mid-sized businesses, aiding them in managing essential HR functions. The company focuses on automating the complex and often paper-intensive aspects of the employee lifecycle, such as applicant tracking, payroll, scheduling, and benefits administration. By offering services that include administrative outsourcing and labor law compliance, StratEx helps businesses streamline their HR processes, allowing them to concentrate on their core operations. With a commitment to enhancing time and performance management, the company's solutions support organizations with limited resources and multiple locations, ultimately reducing the risks associated with employee management.
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