Priority Technology Holdings (PRTH) Company Report

Buckley Capital Advisors opposes the preliminary, non-binding proposal from Chairman and CEO Thomas C. Priore and his affiliated entities to acquire all outstanding common shares of Priority Technology Holdings (PRTH) not already owned by the Investor Group.
The proposal offers a cash consideration in the range of $6.00 to $6.15 per share.
Buckley Capital Advisors, which owns approximately 2.2% of PRTH's shares, believes the offer drastically undervalues the company, estimating an intrinsic value of $15 to $20 per share based on a sum-of-the-parts analysis.
Buckley Capital Advisors urges the Special Committee to reject the Proposal and initiate a full and transparent review of strategic alternatives.

Nov 19, 2025, 2:05 PM

Priority Technology Holdings Receives Take-Private Proposal

PRTH

M&A

Takeover Bid

Priority Technology Holdings, Inc. (PRTH) has received a preliminary, non-binding proposal from an investor group led by its Chairman and Chief Executive Officer, Thomas Priore, to acquire the remaining shares of the Company’s common stock.
The proposal offers cash consideration in a range of $6.00 to $6.15 per share.
Thomas Priore currently holds approximately 58% of the outstanding shares of the Company's common stock.
There is no assurance that an agreement relating to any proposed transaction will be reached or as to its terms.

Nov 10, 2025, 1:42 PM

Priority Technology Holdings receives take-private proposal

PRTH

Takeover Bid

M&A

Priority Technology Holdings, Inc. (PRTH) announced on November 10, 2025, that it received a preliminary, non-binding proposal from an investor group led by its Chairman and CEO, Thomas Priore.
The proposal is to acquire the remaining common shares not currently held by the investor group for a cash consideration ranging from $6.00 to $6.15 per share.
Thomas Priore currently holds approximately 58% of the outstanding shares of the Company's common stock.
The Company stated there is no assurance an agreement will be reached and does not intend to comment further unless required.

Nov 10, 2025, 1:32 PM

Priority Technology Holdings Reports Q3 2025 Financials and Updated Guidance

PRTH

Earnings

Guidance Update

M&A

Priority Technology Holdings reported a 6.3% revenue increase and a 10.2% rise in adjusted gross profit for Q3 2025, and updated its adjusted EBITDA forecast for fiscal year 2025 to $223 million-$228 million.
The company achieved significant operational milestones in Q3 2025, including launching a residual financing facility, activating card acquiring services in Canada, and acquiring assets from Boom Commerce and Dealer Merchant Services.
Despite solid revenue growth and profitability, financial stability is a concern due to a high debt-to-equity ratio and an Altman Z-Score indicating potential financial distress.
Analyst sentiment is neutral, with a Hold rating and a $7.50 price target, tempered by leverage challenges and mixed cash flow.

Nov 7, 2025, 12:40 AM

Priority Technology Holdings, Inc. Reports Strong Third Quarter 2025 Financial Results and Updates Full-Year Guidance

PRTH

Earnings

Guidance Update

M&A

Priority Technology Holdings, Inc. reported third quarter 2025 revenue of $241.4 million, an increase of 6.3% from the prior year, with adjusted gross profit growing 10.2% to $94.8 million and adjusted diluted EPS increasing 55.6% to $0.28.
The company closed on a new $1.1 billion broadly syndicated credit facility on July 31, 2025, which lowered the interest rate by 100 basis points and extended maturity to 2032.
Priority Technology Holdings, Inc. executed accretive acquisitions, including the assets of Boom Commerce in August 2025 and Dealer Merchant Services in October 2025.
For the full year 2025, the company forecasts revenue to range between $950 million to $965 million, representing 8% to 10% growth over fiscal 2024, and Adjusted EBITDA to be between $223 million to $228 million.

Nov 6, 2025, 12:30 PM

Priority Technology Holdings, Inc. Reports Q3 2025 Results and Updates Full Year Guidance

PRTH

Earnings

Guidance Update

M&A

Priority Technology Holdings, Inc. reported Q3 2025 revenue of $241.4 million, an increase of 6.3% from Q3 2024, and Adjusted EBITDA of $57.8 million, up 5.7% from the prior year period.
The company's Adjusted EPS - diluted for Q3 2025 increased by 55.6% to $0.28 from $0.18 in Q3 2024.
Priority Technology Holdings, Inc. updated its full year 2025 guidance, forecasting revenue between $950 million to $965 million and Adjusted EBITDA between $223 million to $228 million.
Key operational updates include the acquisition of Boom Commerce in August 2025 and Dealer Merchant Services in October 2025, as well as closing a new $1.1 billion broadly syndicated credit facility in July 2025 and making a $15.0 million voluntary prepayment on its term loan in October 2025.

Nov 6, 2025, 12:03 PM

Priority Technology Holdings Acquires Dealer Merchant Services, Updates Boom Commerce Impact

PRTH

M&A

Guidance Update

Debt Issuance

Priority Technology Holdings, Inc. (PRTH) announced the successful closing of the acquisition of certain assets of DMSJV, LLC (Dealer Merchant Services), a vertically focused reseller in the auto and truck dealership sector, on October 2, 2025.
The acquisition consideration included a $35 million cash payment, financed by a $35 million increase to the Company's $1.0 billion broadly syndicated term loan, along with 23,333 and 1/3 Class B Units of Priority DMS and up to $22.5 million in earnout payments over three years.
The DMS acquisition is expected to contribute approximately $3 million in incremental revenue and just over $1 million in incremental adjusted EBITDA in Q4 2025.
The company also provided an update on the recently closed Boom Commerce acquisition, stating that $2.5 million of the originally expected $5 million 2025 revenue impact will now be recorded as a reduction in Priority's cost of sales, with no changes to the $6 million adjusted EBITDA impact for 2025.