Mergers & Acquisitions ·
Priority Technology Holdings, Inc. acquired IntelliPay for a base purchase price of $11.5 million plus up to $3.5…
PRTHPriority Technology Holdings, Inc.
Priority Technology Holdings, Inc. acquired IntelliPay for a base purchase price of $11.5 million plus up to $3.5 million in earnout payments based on gross profit over eight fiscal quarters. The acquisition establishes Priority Commerce Government, expanding the company's enterprise payments business into the public sector. IntelliPay is expected to contribute just over $4 million of incremental revenue for the remainder of 2026. Priority Technology Holdings operates in the financial technology industry, providing payment processing and banking solutions.