PAR

PAR Punchh® Partners with Attentive on SMS Marketing Capabilities for Restaurant Loyalty Programs

Retrieved on: 
Wednesday, April 3, 2024

ParTech, Inc. (PAR) , a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, today announced a new partnership between PAR Punchh® , PAR Technology’s industry-leading loyalty and offer solution, and Attentive , the AI marketing platform specializing in SMS marketing for leading brands.

Key Points: 
  • ParTech, Inc. (PAR) , a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, today announced a new partnership between PAR Punchh® , PAR Technology’s industry-leading loyalty and offer solution, and Attentive , the AI marketing platform specializing in SMS marketing for leading brands.
  • This integration will expand PAR Punchh's capabilities to help restaurants turn anonymous guests into loyalty members, grow their loyalty membership and send engaging visuals and content with personalized offers to spark actions via SMS messaging.
  • The partnership gives Punchh Customers the opportunity to:
    Grow loyalty membership by incentivizing SMS opt-ins.
  • Restaurants using PAR Punchh can now engage with loyalty and non-loyalty members to encourage new sign-ups and actions.

PAR Technology’s Punchh® Selected as Loyalty Platform Provider for Wendy’s

Retrieved on: 
Wednesday, March 27, 2024

Wendy’s will leverage PAR Punchh’s AI-driven platform and Punchh Enterprise Support to enhance its loyalty program for customers who visit any of their nearly 6,500 locations across the United States and Canada.

Key Points: 
  • Wendy’s will leverage PAR Punchh’s AI-driven platform and Punchh Enterprise Support to enhance its loyalty program for customers who visit any of their nearly 6,500 locations across the United States and Canada.
  • With PAR Punchh’s advanced loyalty expertise and personalization engine, Wendy's aims to advance its loyalty program with best-in-class gamified experiences, targeted offers designed to bring great food for a great value to its customers, and exclusive promotions tailored to individual customer preferences.
  • The open architecture of PAR Punchh ensures seamless integration into Wendy’s existing app and online ordering systems, optimizing their technology stack for both current and future operations.
  • In collaboration with PAR Punchh’s team of loyalty strategists, Wendy’s will craft a comprehensive strategy, aiming to elevate the guest experience and drive customer satisfaction.

A&W Restaurants Selects PAR Technology’s Data Central® to Propel Growth

Retrieved on: 
Wednesday, March 20, 2024

This transformative collaboration underscores A&W's dedication to leveraging cutting-edge solutions to drive growth and innovation across its organization.

Key Points: 
  • This transformative collaboration underscores A&W's dedication to leveraging cutting-edge solutions to drive growth and innovation across its organization.
  • "We're excited to expand our partnership with A&W with the addition of Data Central to Brink POS,” said Savneet Singh , CEO of PAR Technology.
  • With PAR Data Central, A&W Restaurants is poised to drive informed decision-making, optimize operations, and enhance customer experiences, solidifying their position as a leader in the restaurant industry.
  • PAR Technology and A&W Restaurants come together to enhance customer experiences by seamlessly integrating PAR Brink POS and PAR Data Central.

H.I.G. Capital Signs Definitive Agreement to Acquire the Thermal Commercial Vehicles Division from Valeo

Retrieved on: 
Thursday, March 14, 2024

H.I.G.

Key Points: 
  • H.I.G.
  • Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to carve out the Thermal Commercial Vehicles division (the “Company”) from Valeo (Ticker: FR: PAR on the Paris Stock Exchange).
  • The transaction is expected to close this year and is subject to customary regulatory approvals.
  • Europe Middle Market Private Equity team, said: “We are delighted to have the opportunity to acquire Spheros.

PAR Technology Corporation Announces Strategic Acquisitions to Expand Global Vision, Extend Unified Commerce Offerings and Accelerate Drive Towards Profitability

Retrieved on: 
Monday, March 11, 2024

PAR Technology Corporation (NYSE: PAR) (the “Company” or “PAR”), a global foodservice technology company and provider of unified commerce for enterprise restaurant brands, today announced two transactions that expand its cloud-based unified commerce software offerings into convenience stores and fuel retailers, as well as international markets.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (the “Company” or “PAR”), a global foodservice technology company and provider of unified commerce for enterprise restaurant brands, today announced two transactions that expand its cloud-based unified commerce software offerings into convenience stores and fuel retailers, as well as international markets.
  • TASK , an Australia-based global foodservice transaction platform, offers international unified commerce solutions, including interactive customer engagement and seamless integration, tailored for major brands worldwide.
  • Adding TASK will provide us with a global platform to build upon this vision,” said Savneet Singh , CEO of PAR Technology.
  • To access the webcast interested listeners can click here or also visit the PAR Technology Investor Relations website at www.partech.com/investor-relations/ .

Pennsylvania Median Home Sales Price Up in February

Retrieved on: 
Thursday, March 21, 2024

LEMOYNE, Pa., March 21, 2024 /PRNewswire/ -- The Pennsylvania median home sales price rose to $205,235 in February, up 3.7% from the same time last year, according to a report prepared for the Pennsylvania Association of Realtors® .

Key Points: 
  • LEMOYNE, Pa., March 21, 2024 /PRNewswire/ -- The Pennsylvania median home sales price rose to $205,235 in February, up 3.7% from the same time last year, according to a report prepared for the Pennsylvania Association of Realtors® .
  • "The ongoing inventory challenge and consumer demand is keeping home prices up in Pennsylvania," according to PAR President Preston Moore.
  • Home sales in February hit 6,934, up from the previous month's sales of 6,790.
  • The Pennsylvania Association of Realtors® is a trade/professional association that serves more than 39,000 members in the commonwealth of Pennsylvania.

HAGEN GROUP EXPANDS PET PRODUCTS PORTFOLIO; OFFERS NEW INNOVATIONS IN CAT, DOG, AND AQUATICS LINES

Retrieved on: 
Wednesday, March 20, 2024

MANSFIELD, Mass., March 20, 2024 /PRNewswire/ -- Hagen Group , an industry leader in pet products, today unveiled its portfolio of new pet items scheduled for release throughout the year.

Key Points: 
  • MANSFIELD, Mass., March 20, 2024 /PRNewswire/ -- Hagen Group , an industry leader in pet products, today unveiled its portfolio of new pet items scheduled for release throughout the year.
  • Many products will debut at Global Pet Expo, the pet industry's largest annual trade show (in Orlando, FL, March 20-22).
  • "Our goal is to expand innovations within the pet category and develop products that enhance the bond between pets and their families," remarked Jeff San Souci, director of marketing at Hagen Group.
  • New product highlights from Hagen Group include:
    Creamy Cups: Treat felines to a truly decadent, soft mousse made from cage-free chicken or wild-caught tuna, with real fruit.

2 Lights per one 8m Trellis with New 1500W MITRA X LED Light from Heliospectra

Retrieved on: 
Wednesday, March 13, 2024

GOTHENBURG, Sweden, March 13, 2024 /PRNewswire/ -- Heliospectra, a leader in intelligent lighting technology for greenhouse and controlled plant growth environments, is proud to announce the new 1500W MITRA X LED light.

Key Points: 
  • GOTHENBURG, Sweden, March 13, 2024 /PRNewswire/ -- Heliospectra, a leader in intelligent lighting technology for greenhouse and controlled plant growth environments, is proud to announce the new 1500W MITRA X LED light.
  • First launched in 2022, the MITRA X platform was primarily designed for unistruts and a diverse ornamentals segments as well as leafy greens.
  • From small-scale indoor facilities and growth chambers to large-scale commercial operations, the MITRA X platform delivers tailored lighting solutions for optimal plant growth and yield.
  • Thanks to the modular design and special optics of the MITRA X, only 2 LED lights are required to cover a standard 8m trellis, decreasing investment costs while providing vegetable growers with high output and uniformity for taste and yield.

PolarityTE Announces First Subject Screened in Phase III Pivotal Study Evaluating Investigational New Drug SkinTE® in Diabetic Foot Ulcers

Retrieved on: 
Monday, February 26, 2024

Subjects will be randomized to one of two treatment groups, receiving either SkinTE plus the standard of care (SOC) or the SOC alone.

Key Points: 
  • Subjects will be randomized to one of two treatment groups, receiving either SkinTE plus the standard of care (SOC) or the SOC alone.
  • The primary endpoint is the incidence of DFUs closed at 12 weeks.
  • COVER DFUS II is a pivotal study that PolarityTE will conduct under its open IND for SkinTE.
  • We are excited to evaluate how the optimized healthy cells from the patient in SkinTE can facilitate closure in these difficult-to-treat ulcers.

PAR Technology Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2023.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for its fourth quarter and for the year ended December 31, 2023.
  • Revenues were reported at $107.7 million for the fourth quarter of 2023, a 10.3% or $10.1 million increase compared to $97.7 million for the same period in 2022.
  • EBITDA(1) for the fourth quarter of 2023 was a loss of $8.8 million compared to a loss of $4.6 million for the same period in 2022.
  • Adjusted EBITDA(1) for the fourth quarter of 2023 was a loss of $4.5 million compared to Adjusted EBITDA loss of $2.8 million for the same period in 2022.