PAR Technology Announces PAR Intelligence: Establishing the Agentic OS for Multi-Unit Operators

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--Apr 7, 2026--

PAR Technology Corporation (NYSE: PAR), a leading technology provider powering multi‑unit operators across restaurant, retail, and large-scale commerce, today announced the launch of PAR ® Intelligence, the agentic AI layer designed to help multi-unit operators make every store their most profitable store.

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Unlike a point solution or a standalone AI tool, PAR Intelligence is a platform-wide agentic layer woven through the PAR ® product ecosystem. PAR Intelligence sees the opportunity, makes the call, and delivers the outcome.

PAR Intelligence is built on unique context equity. This proprietary data advantage has been accumulated through two decades of deep vertical deployment across PAR’s ecosystem, spanning over:

That first-party foundation is what differentiates PAR Intelligence from generic LLMs and SMB-first platforms retrofitted for enterprise operations.

“The average profitability gap between a multi-unit operator’s best and worst stores is 3.6x, and for many brands it’s even wider,” said Savneet Singh, CEO of PAR Technology. “That gap isn’t about a lack of data or tools — it’s about execution. Operators know what their best stores are doing differently, but scaling those learnings across hundreds or thousands of locations is incredibly hard. Most AI in our industry stops at insights or recommendations. PAR Intelligence goes further — it executes.”

PAR Intelligence now serves as the backbone of PAR’s platform, with a growing suite of AI‑powered agents already deployed across restaurant and retail environments:

In the months ahead, PAR will continue expanding the agentic layer: more agents, deeper orchestration, and broader reach across the full commercial picture of multi-unit operations. The most profitable version of every store already exists in the data. PAR Intelligence identifies it, operationalizes it, and delivers it consistently at scale.

Visit the PAR website and the investor page to learn more about PAR Intelligence and AI-powered agents.

Forward-Looking Statements

This press release contains forward-looking statements, including with respect to the performance and availability of PAR’s current and future products, and the accuracy of such statements is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. Factors, risks, trends and uncertainties that could cause actual results to differ materially from those expressed or implied by forward-looking statements include our ability to effectively integrate AI into our product and service offerings and the other factors discussed in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable law.

About PAR Technology

PAR Technology Corporation (NYSE: PAR) delivers an agentic operating platform that enables smarter, more consistent operations for multi‑unit brands across restaurant, retail, and high‑volume commerce. PAR’s platform brings together mission‑critical software—point of sale, digital ordering, loyalty, payments, and back‑office systems—along with hardware and data to orchestrate decisions and workflows across systems, locations, and guest touchpoints in real time. Designed to drive measurable outcomes, PAR helps brands improve efficiency, deliver better experiences, and make every store more profitable. Learn more at partech.com.

PAR Technology introduces PAR Intelligence

Activist investor Bill Ackman's Pershing Square Capital Management is offering to purchase Taylor Swift and Bad Bunny's music label, Universal Music Group, in a cash-and-stock transaction valued at approximately $64 billion.

The proposed deal would involve Universal Music merging with Pershing Square SPARC Holdings, an acquisition company approved by the Securities and Exchange Commission in 2023. Plans would include the new company being based in Nevada and moving its stock listing from Amsterdam to the New York Stock Exchange.

“UMG’s stock price has languished due to a combination of issues that are unrelated to the performance of its music business and importantly, all of them can be addressed with this transaction,” Ackman said in a statement on Tuesday.

The total cash-and-stock value of the deal is estimated at 30.40 euros per share, or $35.12. That puts Universal Music's value at approximately 56 billion euros based on its outstanding shares.

Universal Music shareholders will receive 9.4 billion euros in cash (or 5.05 euros per share) and 0.77 shares of the newly created company's stock for each share of Universal Music that they own.

Universal Music did not immediately respond to a request for comment.

The proposed transaction is anticipated to close by the end of the year, according to Pershing Square.

In 2021 Ackman walked away from a deal that would have given him a 10% stake in Universal Music. At the time, Ackman cited questions from the SEC about whether the structure of a special-purpose acquisition company would allow such an acquisition under the rules of the New York Stock Exchange.

Shares of Universal rose more than 10% in midday trading in Amsterdam.

FILE - Taylor Swift performs during "The Eras Tour" on Friday, Dec. 6, 2024, in Vancouver, British Columbia. (AP Photo/Lindsey Wasson, File)