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Priority Technology CEO Priore to take payments firm private for $1.6B

Searchlight Capital Partners provides equity commitments for acquisition

2 Sep 21 · 5d ago · 3 articles · 1 source · development 2 of 2

Funds advised by Searchlight Capital Partners, a global private investment firm with $17 billion in assets under management, have committed equity to finance the deal, which is not subject to financing conditions.

Searchlight Capital Partners provides equity commitments for acquisition
Quartz

“After a comprehensive evaluation of the proposal, a rigorous valuation analysis, and extensive negotiations with Tom and his affiliates, we are delivering a transaction that provides compelling and certain value to Priority's unaffiliated stockholders.”

Michael Passilla, Special Committee Chair · rss ↗

Thomas Priore Chairman and CEO of Priority TechnologyMichael Passilla Special Committee ChairSearchlight Capital Partners Equity financing partnerPriority Technology Holdings Target company

The whole story articles the bright band is this development · numbered dots are the others · click one to jump

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Sep 22Sep 23Sep 24yesterdaynow · 3:16 PM ET

Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch

  1. 3 outlets Priority Technology to go private in $1.6 billion CEO-led deal

    first by Channel News Asia, 5d ago · also Yahoo Finance, Quartz

    2 more headlines

All 2 developments of Priority Technology CEO Priore to take payments firm… →

Newswires