Toast Expands Its Reach In the Restaurant Drive-Thru Lane with Acquisition of Delphi Display Systems

▤ Summary

Toast’s solutions are designed to help restaurants improve speed of service, facilitate faster workflows for ordering and the kitchen, unlock additional revenue opportunities, and increase efficiency. To help restaurants succeed as they navigate the changing landscape, Toast continues to innovate by focusing on solutions that optimize different service models to unlock growth and increase efficiency. As restaurants’ needs evolve and the importance of developing incremental revenue streams grows, Toast aims to deepen its support for customers who operate a drive-thru service model. With the acquisition of Delphi, Toast has expanded its potential reach to the fast-food and fast-casual restaurants in the U.S. at a time when drive-thru sales are booming, and many brands are investing in drive-thrus. Toast has always focused on smaller restaurants, but it has recently been courting large fast-food chains as well, and buying Delphi marks another major step in that direction.

▦ Linked Companies

Toast, Inc.

$1B+

Delphi Display Systems

$5M to $10M