Priority Technology Shares Soar On CEO-Led $520 Million Buyout Proposal

• CEO Thomas Priore currently holds about 58% of the outstanding shares of the company, as disclosed on April 30, 2025.
• Priore noted that the consideration would be paid entirely in cash at closing. 
• He added that the potential transaction would be funded through a combination of equity and new debt financing obtained by the buyer entity.

Priority Technology Holdings (PRTH) shares rose nearly 14% in premarket trading on Monday after the company announced that it has received a preliminary, non-binding proposal from an investor group led by its CEO, Thomas Priore, to acquire the remaining shares the group does not currently hold.

The company said that the cash consideration from the investor group is in the range of $6.00 to $6.15 per share. Priore currently holds about 58% of the outstanding shares of the company, as disclosed on April 30, 2025.

Priore’s Letter To Priority Technology

“This price range represents a premium in the range of 23% to 26% the company’s share price on November 7, 2025, and equates to a total equity value of approximately $510 to $520 million,” Priore said in his letter to the company.

He noted that since its founding, the company has created a recurring revenue model that integrates payments, banking, and software solutions. The company's disciplined business model has established a strong track record of free cash flow through various economic cycles, Priore noted.

“Despite these facts, the public markets have consistently undervalued the company's progress and have been distracted by short-term volatility,” he said.

Sources Of Financing

Priore noted that the consideration would be paid entirely in cash at closing. He added that the potential transaction would be funded through a combination of equity and new debt financing obtained by the buyer entity.

Retail sentiment on Priority Technology remained unchanged in the ‘extremely bullish’ territory, with message volumes at ‘high’ levels, according to data from Stocktwits.

Shares of Priority Technology have fallen nearly 50% this year.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Also See: Aptiv And Robust.AI Team Up To Build Next-Gen Collaborative Robots For Warehouses

Share

·

Add us on