Go to deals
Private Equity | Software & Technology

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

Managing Partner
New York, United States
Oaklins DeSilva+Phillips

Joanna Stone Herman

Partner
New York, United States
Oaklins DeSilva+Phillips

Related deals

Syz Capital with operating partner Saturnus Capital have taken a majority stake in Capture Media Group
Advertising | Digital Media | Marketing Services | Private Equity | Software & Technology

Syz Capital with operating partner Saturnus Capital have taken a majority stake in Capture Media Group

Syz Capital and its operating partner Saturnus Capital have taken a majority stake in Capture Media, a Swiss leader in online engagement marketing and analytics solutions.

Learn more
Acquisition of Burrell sets the stage for the agency’s next chapter
Advertising | Private Equity

Acquisition of Burrell sets the stage for the agency’s next chapter

Burrell Communications Group, one of the most highly regarded multicultural advertising agencies in the world, has been acquired by an equity consortium led by FVLCRUM Partners and Channing Johnson. The transaction includes the majority stake owned by Co-CEOs McGhee Osse and Fay Ferguson in addition to the minority stake owned by Publicis.

Learn more
Navita has been sold to Enghouse Systems
Private Equity | Software & Technology

Navita has been sold to Enghouse Systems

Oria Capital has sold its portfolio company Navita to Enghouse Systems Limited.

Learn more