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

Managing Partner
New York, United States
Oaklins DeSilva+Phillips

Joanna Stone Herman

Partner
New York, United States
Oaklins DeSilva+Phillips

Related deals

Royal Reesink has sold Motrac Industries to Anders Invest
Private Equity | Industrial Machinery & Components

Royal Reesink has sold Motrac Industries to Anders Invest

Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.

Learn more
STAC has been acquired by n2 Group
Business Support Services | TMT

STAC has been acquired by n2 Group

Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.

STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.

Learn more
Winking Studios Limited completes a secondary fundraising of US$20 million
Other Industries | TMT

Winking Studios Limited completes a secondary fundraising of US$20 million

Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.

Learn more