Priority Technology Board Backs CEO’s Go-Private Deal at $1.6 Billion Valuation

Payments and banking solution provider Priority Technology Holdings has agreed to be taken private by an investor group led by the company’s chairman and CEO, Thomas Priore , the company said in a Monday (Sept. Under a definitive agreement announced Monday, the investor group will acquire all outstanding shares of Priority’s stock that it does not already own for $8.05 per share in cash, according to the release. The transaction is subject to customary closing conditions and