Go to deals
Private Equity | TMT

Sling Inc. has been acquired by Toast

Sling, a leading employee scheduling, communication and management solution, has been sold to Toast, the all-in-one digital technology platform built for restaurants. The addition of Sling adds to Toast’s growing suite of Toast Payroll & Team Management products, including Toast Payroll, Toast Tips Manager and Toast Pay Card & PayOut.

Sling is a leading employee scheduling, communication and management solution. Through features including scheduling templates, in-app messaging and multi-location team management, Sling helps restaurants staff more efficiently and better manage labor costs, and helps increase employee job satisfaction.

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics.

Toast [NYSE: TOST] is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a single platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, operations, digital ordering and delivery, marketing and loyalty, and team management. By serving as the restaurant operating system across dine-in, takeout and delivery channels, Toast helps restaurants streamline operations, increase revenue and deliver amazing guest experiences.

Oaklins DeSilva+Phillips’ TMT team in New York acted as the exclusive financial advisor to Sling Inc. in this transaction.

Parties
“I truly did not fully understand all the effort that goes into selling a company when I started the process, but now I know that it is much harder than actually building one. I truly appreciate your help and I am grateful to have you all on my team to make this happen the best way possible. You guys work miracles!”

Helgi Hermannsson

CEO and Founder, Sling Inc.

Talk to the deal team

 Reed  Phillips

Reed Phillips

Managing Partner
New York, United States
Oaklins DeSilva+Phillips
 Joanna Stone Herman

Joanna Stone Herman

Partner
New York, United States
Oaklins DeSilva+Phillips

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
PCI Pal has completed an equity raise
Financial Services | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Learn more