The four-year-old venture firm backs technology startups and helps them secure government contract funding to aid in efforts to scale out their creations for agency adoption.
The former public sector business of Forcepoint plans to acquire U.K.-headquartered Garrison Technology in a move to broaden its cybersecurity offerings.
PAR also found a buyer for its Rome Research Corp. subsidiary, which marks a full exit from government work and start of a complete focus on the core restaurant and retail tech business.