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NEW HARTFORD, N.Y. - Taco Bueno, a Tex-Mex quick-service restaurant chain, has chosen PAR Technology Corporation (NYSE:PAR), a technology solutions provider with a market capitalization of $2.1 billion, to implement point-of-sale and hardware solutions across its 140 locations, according to a press release statement. According to InvestingPro data, PAR has demonstrated strong revenue growth of ~46% over the last twelve months.
The partnership will see PAR’s POS and hardware systems deployed throughout Taco Bueno’s restaurants to enhance operational consistency and reliability. The restaurant chain aims to modernize operations and improve guest experience as part of its growth strategy. PAR’s solid financial position, with a current ratio of 1.7, indicates strong capability to meet short-term obligations while pursuing expansion opportunities.
"As we look to grow, it was critical to find a partner with the scale, expertise, and long-term vision to support our trajectory," said Jimmy Dang, Senior VP of IT at Sun Holdings, which operates Taco Bueno.
By consolidating its front-of-house technology under a single provider, Taco Bueno expects to simplify training, reduce downtime, and streamline deployment across locations. The company also anticipates benefits from aligned product roadmaps and faster access to innovation.
Savneet Singh, CEO of PAR Technology, stated that the solutions will provide Taco Bueno with "a flexible, future-ready foundation that gives them unified control and visibility across operations."
Founded in 1967 in Abilene, Texas, Taco Bueno operates restaurants throughout the American South and Southwest, including Arkansas, Oklahoma and Texas. The chain is owned by Sun Holdings, a franchise organization with over 1,800 locations across the United States.
PAR Technology Corporation provides foodservice technology solutions including point-of-sale, digital ordering, loyalty programs, back-office systems, payments, and hardware.
In other recent news, PAR Technology Corporation reported its second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.03, which was higher than the forecasted $0.02. Revenue also exceeded projections, reaching $112.4 million compared to the anticipated $110.82 million. Despite these positive financial results, the company’s stock experienced a decline in pre-market trading. Analyst firms have not provided any new upgrades or downgrades following this earnings report. These developments highlight the company’s current financial performance and market reception. Investors may want to consider these factors when evaluating their positions.
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