Added to YB: 2026-06-24
Pitch date: 2026-06-21
PAR [neutral]
PAR Technology Corporation
Author Info
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Company Info
PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based software and hardware solutions for the restaurant and retail industries worldwide.
Market Cap
$624.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-28.35
P/E
-8.07
EV/Sales
2.06
Sector
Software
Category
special_situation
PAR Technology (PAR): Voss stopped writing letters and started buying
PAR (overview): Restaurant-software roll-up (Brink POS, Punchh, payments) down ~79% from $72 high to ~$15.30, ~$630M cap. Activist Voss (Travis Cocke) pushing strategic review, bought +350K shares (~$5.06M) June 11-12 at $14-15, lifting stake to ~15% + board-observer seat. Thesis: peer restaurant-tech M&A multiples far exceed PAR's price. Risks: unproven SaaS-to-profit transition, no deal deadline, follow-the-activist trade (3rd Voss name in a month).
Read full article (2 min)