Priority Technology Holdings is going private in a deal valued at about $1.6 billion, according to multiple reports. An investor group led by the company’s chairman and CEO, Thomas Priore, will buy the shares at $8.05 per share.
The proposed price represents a significant premium versus the company’s unaffected share price, with one outlet citing a 65% premium. The sources describe the transaction as a CEO-led buyout structured to take the company out of public trading. The reports focus on the deal’s headline economics—offer price and overall valuation—while providing limited additional detail on timing, regulatory approvals, or financing in the material provided.
Across the outlets, the core facts are consistent: Priority Technology Holdings will be taken private, the offer price is $8.05 per share, and the deal is led by Thomas Priore. The coverage differs mainly in the amount of context and framing, but does not contradict the central terms.
