Priority Technology Holdings, Inc. reports developments for a payments and banking fintech built around collecting, storing, lending and sending money. The company’s recurring updates center on its connected commerce platform, including full-service merchant acquiring for accounts receivable, automated payables tools for bill payment, and treasury management solutions for cash flow and working capital.
Priority news also covers customer deployments and partnerships tied to its operating platforms and subsidiaries, including Prisma Prop Tech for multifamily resident payments and engagement, Priority Rollfi for embedded payroll and benefits infrastructure, and Dealer Merchant Services for automotive dealership payment acceptance. Earnings releases, conference-call notices, platform adoption, sponsorship-linked payables relationships, and completed business additions are regular company-specific news themes.
Priority Commerce (PRTH) signed a multiyear agreement to become the official name, image and likeness (NIL) Orchestration Partner of Rally.
Rally, which serves Notre Dame Athletics’ student-athletes, will use GameTime to administer NIL agreement payments. The partnership marks the platform’s debut in college athletics. GameTime combines payments, banking and treasury services with contract management, budget-gap financing, escrow and compliance reporting.
Priority Technology Holdings (PRTH) agreed to be taken private by an investor group led by Chairman and CEO Thomas Priore for $8.05 per share in cash.
The deal values Priority at an enterprise value of approximately $1.6 billion and covers all common shares the investor group does not already own. The cash price represents a 65% premium to the November 7, 2025 unaffected closing share price and a 38% premium to the September 18, 2026 close, the last trading day before the definitive agreement. A Special Committee of independent, disinterested directors unanimously recommended the transaction after a review and negotiations that led to a more than 30% price increase versus the initial proposal, and the full Board approved it.
Equity financing commitments are provided in part by funds advised by Searchlight Capital Partners, and the deal has no financing condition. Closing is subject to regulatory approvals and approval by a majority of unaffiliated shares, with completion expected in the first half of 2027, after which Priority will be privately held and delisted from Nasdaq.
Priority Commerce (NASDAQ: PRTH) announced that it has entered into a membership interest purchase agreement to acquire IntelliPay, a software provider that enables government agencies, educational institutions, healthcare organizations, and state and local municipalities to securely accept and manage payments.
The transaction will create Priority Commerce Government, expanding the company’s enterprise payments business into the public sector. According to Priority Commerce, the new unit is expected to add just over $4 million of incremental revenue for the balance of 2026, reflecting the existing IntelliPay business. Management highlighted the acquisition of high-performing partners as a key part of its vertical expansion strategy and noted a shared focus on modernizing and streamlining financial operations for public-sector clients.
Priority Commerce (NASDAQ: PRTH) announced a multi-year partnership with the NFL’s Tampa Bay Buccaneers. Priority Commerce will implement a new ticketing payment process and deploy its Passport treasury orchestration solution to help the team optimize payment costs, monitor ticket transactions and interchange activity, and streamline daily operations.
As an official partner, Priority Commerce will also receive marketing rights and partnership assets, including in-stadium branding, hospitality, and participation in select team business events.
Priority Technology Holdings (NASDAQ: PRTH) reported second quarter 2026 revenue of $262.3 million, up 9.4% year over year, with 7.2% organic growth. Gross profit rose to $94.4 million, while adjusted gross profit increased to $99.9 million. Gross margin slipped to 36.0% and adjusted gross margin to 38.1%.
Operating income declined 11.8% to $33.0 million, and net income decreased 9.3% to $9.9 million. Adjusted EBITDA grew 6.0% to $59.4 million. Diluted EPS was $0.12, down from $0.14, while adjusted diluted EPS rose to $0.29 from $0.26. The company affirmed full-year 2026 guidance, targeting $1.01–$1.04 billion in revenue, $405–$425 million in adjusted gross profit, and $230–$245 million in adjusted EBITDA.
Priority Commerce (NASDAQ: PRTH) launched a production-ready integration with ticketing platform SeatGeek, giving more than 100 SeatGeek partners, including teams, venues, leagues and enterprise clients, the option to route payment processing through Priority Commerce’s infrastructure and advanced payment tools.
The integration supports Level III transaction data, enabling eligible commercial card transactions to qualify for lower interchange rates, which can significantly reduce payment processing costs. It also supports both card-present and card-not-present payments for a seamless experience across the ticketing commerce ecosystem.
Priority Commerce (NASDAQ: PRTH) will release its second quarter 2026 financial results on Thursday, August 6, 2026, before markets open. Management will host a conference call and webcast at 10:00 AM ET to review financial and operating results, followed by a Q&A session.
Investors can join via US/Canada dial-in 833-636-1319, international dial-in 412-902-4286, or an internet webcast accessible through the Investor Relations section of the company’s website. An audio replay will be available until 11:59 PM ET on August 20, 2026 by phone or webcast.
Priority Commerce (NASDAQ: PRTH) announced a new multi-year partnership with the Pittsburgh Steelers to handle ticketing payment processing and deploy its Passport treasury orchestration platform. The solution is intended to help the team optimize payment costs, monitor daily transaction and interchange activity, and enhance visibility into cash flow and treasury operations. Priority Commerce will also receive marketing rights and other partnership assets, including in-stadium branding, hospitality and participation in select Steelers business events.
Priority Technology Holdings (NASDAQ: PRTH) reported first quarter 2026 revenue of $249.6 million, up 11.1% year-over-year, including 9.1% organic growth. Gross profit rose 13.2% to $93.5 million and adjusted gross profit reached $98.8 million.
Operating income was $33.4 million, net income $9.8 million, and adjusted EBITDA $58.1 million. Diluted EPS was $0.12 and adjusted diluted EPS $0.28. Priority affirmed 2026 guidance for revenue of $1.01–$1.04 billion, adjusted gross profit of $405–$425 million, and adjusted EBITDA of $230–$245 million.
Priority Technology Holdings (NASDAQ: PRTH) will release its first quarter 2026 financial results on Monday, May 11, 2026, before markets open. A conference call and webcast to discuss financial and operating results will be held at 10:00 AM ET the same day, followed by Q&A.
Investors can join via phone (US/Canada 877-704-4453; international 201-389-0920) or the webcast link; an audio replay will be available through May 25, 2026 at 11:59 PM ET.