Par Technology Corporation · NYSE:PAR
Par Technology — Merger or Acquisition (April 2021)
14 slides from Par Technology's merger presentation, Apr 8, 2021
Slide 1: Acquisition of Punchh
T™ Acquisition of pyachh. April 8, 2021
Slide 2: Disclosure
Disclosure Forward Looking Statements Non-GAAP Financial Measures This presentation contains “forward-looking statements” within the meaning of Section PAR reports its financial results in accordance with GAAP. However, non-GAAP 21E of the Securities Exchange Act of 1934, as amended, Section 27A of
Slide 3: Transaction Summary
Transaction Summary ◼ A market-leading customer engagement platform encompassing loyalty, promotional campaigns and marketing AI ◼ Serves 210 brands across the restaurant spectrum, with $53m Contracted-ARR and 115% Punchh Overview net dollar retention ◼ Punchh ended 2020 with ~$32 million in ARR, ha
Slide 4: A Powerful Combination in Restaurant Transformation
A Powerful Combination in Restaurant Transformation 45k $32mm 2020 Active Restaurant Locations 2020 Live-ARR Punchh is an industry- leading loyalty & engagement platform that enables brands to deliver omnichannel $53m 54% ARR CAGR 2017 – 2020 customer loyalty programs 2020 Contracted-ARR both in-sto
Slide 5: Why we love this combo
Why we love this combo: 74+7=8
Slide 6: Today Tech is Driving a Wedge and Making Innovation a Pain Point
Today Tech is Driving a Wedge … and Making Innovation a Pain Point Integration Spaghetti: Tablet Hell: The average restaurant has 13 applications and Additional systems create operational pain and struggles with complex integration networks inhibits a positive customer experience Payroll POS Loyalty
Slide 7: Restaurants are Evolving in Response
Restaurants are Evolving in Response… Old Preference New Direction Access to marketplace Direct customer relationships Best of breed tools Tightly integrated solutions Building tech in-house Finding strong tech partners Mass marketing campaigns Targeted personalization
Slide 8: And Demanding a Unified Platform
…And Demanding a Unif ied Plat f orm + + + Customer Identity & Payment & Menu & SKU Level Operational, Habits Customer Spend Transactions Inventory, & Labor
Slide 9: Punchh Extends PAR's Unified Commerce Cloud to Help Solve the Modern Restaurants Problems
Punchh Extends PAR’s Unified Commerce Cloud to Help Solve the Modern Restaurants Problems Brink POS® Customer Guest identity, spend + Payment SaaS-based, EMV enabled, + Menu & Transaction Transaction information & + Operations Kitchen operations, COGS, behavior, and UI payment processing system of r
Slide 10: Redefining the Restaurant of the Future
Redefining the Restaurant of the Future Personalized engagement (loyalty, offers, and communication) Omni-channel ordering (online, mobile, in-store) Seamless order retrieval (dine-in, pickup, or delivery) Frictionless payment (mobile, EMV, gift cards) Efficient order production (accurate, fast, fre
Slide 11: Food. People. Nothing in-between.
Food. People. Nothing in-between. TM
Slide 12: Key Transaction Highlights
Key Transaction Highlights Punchh Extends PAR’s Unified Adds customer engagement and loyalty to transactional (Brink POS®), payments (PAR Commerce Cloud Platform Pay) and operational (Restaurant Magic) expertise, extending the platform Further Expands the Industry’s The acquisition builds upon the r
Slide 13: Combination Scales and Strengthens ARR Profile
Combination Scales and Strengthens ARR Profile Pro Forma ARR (U$D ‘000,000) 65 Pro Forma ✓ Improved scale 46 32 Punchh ✓ Maintain high growth 33 27 18 18 ✓ Accelerated shift to SaaS 33 Brink + RM* 9 15 19 9 ✓ Improved margin profile 2017 2018 2019 2020 *Note: Brink+RM ARR numbers do not include hist
Slide 14: Thank You!
T™ Thank You!