• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Evergreen Restaurant Group Selects Next-Gen Presto Server Assistant To Improve Labor Productivity

    3/2/22 9:25:00 AM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials
    Get the next $VTAQ alert in real time by email

    Franchisee for Outback Steakhouse, Carrabba's Italian Grill, and Bonefish Grill restaurants to deploy Presto's server handheld technology at its locations

    Presto, a leader in the restaurant hospitality technology industry, has been selected by Evergreen Restaurant Group, a Bloomin' Brands franchisee with restaurants including Outback Steakhouse, Carrabba's Italian Grill and Bonefish Grill, to deploy its next-generation server assistant touch solution at its locations over the next few months. Designed to provide restaurant servers with an easy-to-use mobile solution for entering orders and taking payments, Presto Server Assistant aims to create a better guest and staff experience, while improving operational efficiency.

    Working seamlessly with existing point-of-sale (POS) systems, Presto Server Assistant will enable servers to enter orders, take payments, and obtain real-time feedback -- all from the palm of their hands.

    "We're thrilled to be selected by the Evergreen Restaurant Group as their server assistant technology partner," said Dan Mosher, Chief Revenue Officer of Presto. "Jeff Jones and Evergreen have been technology pioneers in the restaurant industry utilizing Presto technology since 2012 and we are excited to embark on this new journey together."

    "The deployment of Presto Server Assistant should help us increase server efficiency while enhancing customer experience," said Jeff Jones, President and CEO of Evergreen Restaurant Group. "We are excited to be expanding our partnership with Presto to bring this next-gen technology to our restaurants."

    To date, server handhelds in the restaurant industry have been expensive, unreliable, and lacking in rich functionality. Presto Server Assistant is a next-generation Android-based solution with a mobile-first design designed to address these issues. The device offers a wide range of capabilities including secure payments, personalization, and real-time alerts. Unique features of Presto Server Assistant include:

    • POS Agnostic - Works with any POS system and can even be deployed during a POS migration
    • Promotions & Upsell - Shows servers upsells, pairing options, and ongoing promotions right at the table. Upsell offers can also be based on real-time inventory, individual preferences, and the kitchen pipeline
    • Gamification - Motivates servers and boosts performance by offering reward points and leaderboards using real-time indicators
    • Loyalty Integration - Seamlessly integrates with all loyalty solutions including custom and third party systems

    On November 10, 2021, Presto announced the execution of a definitive merger agreement (the "merger agreement") with Ventoux CCM Acquisition Corp. (NASDAQ:VTAQ), a publicly-traded special purpose acquisition company ("Ventoux"), that will result in Presto becoming a publicly listed company. Upon closing, the combined company (the "Company") will be renamed Presto Technologies, Inc. and expects to trade on Nasdaq.

    To schedule a live demo or learn more about Presto's products, please contact [email protected] or visit presto.com.

    About Presto

    Presto overlays next-gen digital solutions onto the physical world. Our enterprise-grade touch, vision, and voice technologies help hospitality businesses thrive while delighting guests. With over 250,000 systems shipped, we are one of the largest labor automation technology providers in the industry. Founded at M.I.T. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S.

    About Evergreen Restaurant Ventures, Inc.

    Evergreen Restaurant Group manages and operates both casual dining and fast casual concepts out of its headquarters in Redmond, Washington. For more information, please contact Mari Short at (425) 557-7711 extension 119.

    Additional Information and Where to Find It

    In connection with the proposed business combination involving Ventoux and Presto, Ventoux intends to file a registration statement, which will include a preliminary proxy statement/prospectus, with the SEC. The proxy statement/prospectus will be sent to stockholders of Ventoux. This press release is not a substitute for the proxy statement/prospectus. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SEC's website at www.sec.gov. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830.

    No Offer or Solicitation

    This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    Participants in Solicitation

    This communication is not a solicitation of a proxy from any investor or security holder. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. Information about Ventoux's directors and executive officers and their ownership of Ventoux's securities is set forth in filings with the SEC, including Ventoux's annual report on Form 10-K filed with the SEC on March 30, 2021 and amended on June 22, 2021 and December 3, 2021. To the extent that holdings of Ventoux's securities have changed since the amounts included in Ventoux's most recent annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. When available, these documents can be obtained free of charge from the sources indicated above.

    Forward-Looking Statements

    This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services and expectations regarding the proposed business combination between Presto and Ventoux; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

    In addition to factors previously disclosed or that will be disclosed in Ventoux's reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Presto's limited operating history and history of net losses; (11) Presto's customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Presto's customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Presto's estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Presto's network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Presto's products or services.

    Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding Presto's industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20220302005772/en/

    Get the next $VTAQ alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $VTAQ

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $VTAQ
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Presto, One of the Largest Labor Automation Technology Providers for the Hospitality Industry, to Become Publicly Traded Following Business Combination with Ventoux CCM Acquisition Corp.

    First Day of Trading Expected to be on September 22, 2022 Presto Automation Inc. ("Presto" or the "Company"), one of the largest labor automation technology providers in the hospitality industry, today announced that it completed its previously announced business combination with Ventoux CCM Acquisition Corp. ("Ventoux"), a publicly traded special purpose acquisition company, on September 21, 2022. The combined company will operate as Presto Automation Inc. and its common stock and warrants are expected to begin trading under the symbols "PRST" and "PRSTW," respectively, on the Nasdaq Stock Market beginning on September 22, 2022. Presto offers a platform of comprehensive voice, vision, a

    9/21/22 4:10:00 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    Ventoux CCM Acquisition Corp. Stockholders Approve Proposed Business Combination with Presto

    Transaction Expected to Close on September 20, 2022 Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ:VTAQ), a publicly traded special purpose acquisition company, today announced that Ventoux's stockholders have approved its proposed merger with E La Carte (d/b/a Presto) ("Presto"), one of the largest labor automation technology providers in the hospitality industry, at a Special Meeting of its stockholders held on September 14, 2022. Approximately 99% of the votes cast at the Special Meeting, representing approximately 80% of Ventoux's outstanding shares of common stock entitled to vote at the Special Meeting, were cast in favor of the proposal to approve the Business Combination. The f

    9/14/22 4:15:00 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    Ventoux CCM and Presto Automation Announce $100 Million Raise, Revised Valuation

    New Subscription from Cleveland Avenue Underpins Revised Merger Deal Terms Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ:VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventoux's trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. Led by Cleveland Avenue, LLC ("Cleveland Avenue"), the $60 million equity injection will accelerate the deployment of Presto's technology throughout the restaurant industry. The revised merger terms reflect

    7/26/22 8:00:00 AM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    $VTAQ
    SEC Filings

    View All

    SEC Form NT 10-Q filed by Ventoux CCM Acquisition Corp.

    NT 10-Q - Presto Automation Inc. (0001822145) (Filer)

    2/15/24 4:16:30 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    SEC Form DEF 14A filed by Ventoux CCM Acquisition Corp.

    DEF 14A - Presto Automation Inc. (0001822145) (Filer)

    2/12/24 4:33:11 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    Ventoux CCM Acquisition Corp. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Leadership Update, Other Events, Financial Statements and Exhibits

    8-K - Presto Automation Inc. (0001822145) (Filer)

    2/8/24 4:30:54 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    $VTAQ
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 3 filed by new insider Macdonald Matthew

    3 - Presto Automation Inc. (0001822145) (Issuer)

    2/7/24 4:05:15 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    Cleveland Avenue Food & Beverage Fund Ii, Lp acquired 1,500,000 shares (SEC Form 4)

    4 - Presto Automation Inc. (0001822145) (Issuer)

    12/20/23 4:58:20 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    Kravcik Keith E sold $24,494 worth of shares (38,487 units at $0.64), decreasing direct ownership by 9% to 400,000 units (SEC Form 4)

    4 - Presto Automation Inc. (0001822145) (Issuer)

    12/11/23 1:10:27 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    $VTAQ
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13D/A filed by Ventoux CCM Acquisition Corp. (Amendment)

    SC 13D/A - Presto Automation Inc. (0001822145) (Subject)

    12/20/23 5:16:13 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    SEC Form SC 13D/A filed by Ventoux CCM Acquisition Corp. (Amendment)

    SC 13D/A - Presto Automation Inc. (0001822145) (Subject)

    12/1/23 1:39:34 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials

    SEC Form SC 13G/A filed by Ventoux CCM Acquisition Corp. (Amendment)

    SC 13G/A - Presto Automation Inc. (0001822145) (Subject)

    2/14/23 12:29:11 PM ET
    $VTAQ
    Consumer Electronics/Appliances
    Industrials