A leading provider of restaurant labor productivity technologies is going public in a SPAC deal announced Wednesday. The SPAC Deal Presto announced a SPAC merger with Ventoux CCM Acquisition Corp valuing the company at a pro forma equity value of $1 billion. A PIPE of $70 million includes investment from founder and CEO Rajat Suri and several restaurant franchise groups for companies including Yum! Brands, Inc., Applebee’s, Outback Steakhouse and McDonald’s Corp. Presto will be named Presto Technologies Inc and listed on the Nasdaq after the merger with a stock ticker to be announced. Public VTAQ shareholders will own 17.4 percent of the new company. About Presto Targeting the $205 billion restaurant labor market, Presto is one of several companies that have brought emerging technology to the restaurant industry. The company offers next-generation touch, vision, and voice technologies. Presto is a market leader in labor productivity and has shown it …