Priority Commerce's revenue grows and it plans to go private
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On November 6, 2026, PYMNTS reported that Priority Commerce generated $268.6 million in revenue in its final quarter as a public company before going private, up 11.3% year over year. This increase was higher than the company's 9.2% revenue growth in the second quarter. The company plans to go private in the first half of 2027 and has agreed to be acquired for $1.6 billion by an investor group led by Thomas Priore, its chairman and chief executive officer. The report indicates that the transaction was disclosed alongside the company's latest quarterly revenue growth, and Priority Commerce is currently still progressing with the transaction to take the public company private.
AI-written from reports · updated 3 hours ago
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- PYMNTSPriority Commerce revenue grew 11% ahead of its take-private transaction
Priority Commerce’s revenue in its final quarter as a public company reached $268.6 million, up 11.3% year over year, exceeding the 9.2% increase in the second quarter. The company plans to become private in the first half of 2027 and has agreed to be acquired for $1.6 billion by an investor group led by its chairman and CEO, Thomas Priore.
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