DEAL ANNOUNCEMENT

McDermott Will & Schulte advises investor group led by Thomas Priore in pending take-private of Priority Technology Holdings

Sep 21, 2026

Read time: 2 min

Global law firm McDermott Will & Schulte is serving as legal counsel to an investor group led by Thomas Priore, Chairman and Chief Executive Officer of Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), in connection with a definitive agreement pursuant to which the investor group will acquire all outstanding shares of Priority’s common stock that it does not already own for $8.05 per share in cash. The all-cash transaction represents an enterprise value of approximately $1.6 billion.

Priority is a payments and banking solutions provider that streamlines collecting, storing, lending and sending money to unlock revenue opportunities.

The McDermott team was led by Ben Kozinn, Lauren Troeller and Eric Orsic with invaluable support from Marina Leary, Mitch DaSilva, Adam Barazani, Donald Mosher, Joseph Reich, Grace Kirtland, Luke De Mott, Rich Bass, Jesse Douglas, Riley Orloff, David Nissenbaum Riley O’Farrell and Meredith Schwartz.