AcquisitionSep 21, 2026Pending
🇺🇸 United States
PTPriority Technology Holdings, Inc.ILInvestor Group led by Thomas Priore
Industrials › Business Services
Enterprise value$1.6BEnterprise value
AnnouncedSep 21, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
An investor group led by Thomas Priore, Priority's Chairman and CEO, agreed to acquire all outstanding shares of Priority Technology Holdings, Inc. that it does not already own for $8.05 per share in cash, an all-cash transaction representing an enterprise value of approximately $1.6 billion. The transaction is being financed in part by equity commitments from funds advised by Searchlight Capital Partners, L.P.
Deal rationale
The Special Committee said the transaction provides compelling and certain value to Priority's unaffiliated stockholders and is the best path for them to realize significant value from their investment, while Mr. Priore said it positions the Company to achieve its vision for Connected Commerce.
AI-generated from the SEC filingPendingIndustrials › Business ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.6B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
TSTD Securities
Sell-side
BBarclays
Parties
Target
PTPriority Technology Holdings, Inc.
- Headquarters
- United States
- Ticker
- PRTH
Acquirer
ILInvestor Group led by Thomas Priore
- Headquarters
- United States
- Ticker
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