Priority Technology to Go Private in $1.6 Billion CEO-Led Deal
The deal values Priority Technology at about $1.6 billion and includes a 65% premium to the stock’s unaffected price, Reuters reported.
- On Monday, September 21, 2026, Priority Technology Holdings agreed to be taken private by an investor group led by Chairman and Chief Executive Officer Thomas Priore in a deal valued at about $1.6 billion.
- The investor group will pay $8.05 per share in cash, representing a 65% premium to the stock's unaffected price before the initial proposal was disclosed in November 2025.
- Investor rights law firm Halper Sadeh LLC is investigating whether Priority Technology's board breached fiduciary duties or violated federal securities laws by failing to obtain the best possible price for shareholders.
- Funds advised by Searchlight Capital Partners have provided equity commitments for the acquisition, which includes a $15.75 million termination fee for Priority and a $35.25 million reverse-termination fee.
- Scheduled to close in the first half of 2027, the transaction faces scrutiny as Halper Sadeh encourages Priority Technology shareholders to contact the firm regarding their rights to seek increased consideration or additional disclosures.
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Priority Technology Holdings agrees to go-private deal at $8.05 per share
Special Committee talks lifted Priority's go-private price more than 30%, to $8.05 a share cash, a 65% premium to the November 2025 unaffected close. · 17 sources across the spectrum on IJR News.
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Priority Technology to go private in $1.6 billion CEO-led deal
Sept 21 : Payments and banking solutions provider Priority Technology Holdings said on Monday it had agreed to be taken private by a group led by Chairman and CEO Thomas Priore in a deal valued at about $1.6 billion.• The group will pay $8.05 per share in cash for those it does not already own, representing
Priority Technology Deal Draws Investigations
ALPHARETTA, GA – September 24, 2026 (STL.News) Several shareholder-rights law firms have announced investigations concerning Priority Technology Holdings Inc. (NASDAQ: PRTH) after the financial technology company agreed to a $1.6 billion take-private transaction led by its chairman and chief executive officer, Thomas C. Priore. Monteverde & Associates PC announced the latest investigation Thursday, saying it […] This News Priority Technology Dea…
Priority Announces It Will Go Private in a $1.6 Billion Deal
An investor group led by Priority Technology Holdings Inc. chairman and chief executive Thomas Priore will take the processor private in a deal valued at $1.6 billion, or $8.05 per share in cash, Priority announced early Monday. The company’s closing share price on Friday was $5.83. The agreement follows a preliminary, non-binding proposal publicly disclosed in November. The deal, which will end the company’s nearly nine-year run as a public com…
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