M&A movement across the payments industry remains low this past week following the holiday weekend. As economic woes continue to draw speculation and doubt into future financial impacts, M&A discussions have appeared to slowdown across the industry. While this has been expected from earlier this year, the duration of this slowdown is yet to be known in full. While some take a more cautious approach to the current market, others view it as an opportunity to grow and expand their business. This week, the restaurant POS and payment facilitator, Toast, announced their acquisition of Sling for an undisclosed sum. Sling provides employee scheduling, communication, and management into one solution. Toast and Sling initially embarked on a partnership last year as their two companies largely complement the restaurant vertical. Now with their acquisition, Toast is able to grow their suite of Toast Payroll and Management solutions, further adding more functionality and streamlining the set of features. This deal follows Toast’s acquisition of xtraCHEF announced last summer and further depicts Toast’s commitment towards serving the restaurant space.