Sling Inc. has been acquired by Toast

July 2022 — 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.

Our role in the transaction

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