09:14 AM EDT, 03/11/2024 (MT Newswires) -- PAR Technology ( PAR ) said Monday it has agreed to acquire TASK Group for cash and common stock at an implied value of about $206 million.

The acquisition is expected to close in Q3, subject to TASK shareholder approval, Australian court approval and certain regulatory approvals.

The company also said it has completed its acquisition of Stuzo Holdings for about $190 million in cash and stock.

The transactions will help expand PAR Technology's ( PAR ) cloud-based unified commerce software offerings into convenience stores and fuel retailers, as well as international markets, the company said.

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