Priority Technology Holdings Overview
- Year Founded
-
2005
- Status
-
Public
- Employees
-
983
- Stock Symbol
-
PRTH
- Investments
-
14
- Share Price
-
$6.44
- (As of Monday Closing)
Priority Technology Holdings General Information
Description
Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments and Enterprise Payments. SMB Payments segment which generates majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO; B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
Contact Information
Website
www.prioritycommerce.comCorporate Office
- 2001 Westside Parkway
- Suite 155
- Alpharetta, GA 30004
- United States
Corporate Office
- 2001 Westside Parkway
- Suite 155
- Alpharetta, GA 30004
- United States
Priority Technology Holdings Timeline
Priority Technology Holdings Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $6.44 | $6.30 | $2.79 - $7.38 | $496M | 76.8M | 63.8K | -$0.65 |
Priority Technology Holdings Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 1,298,342 | 1,125,807 | 1,211,428 | 1,357,078 |
| Revenue | 813,880 | 755,612 | 663,641 | 514,901 |
| EBITDA | 165,430 | 151,655 | 127,435 | 82,313 |
| Net Income | 5,355 | (1,311) | (2,150) | 1,389 |
| Total Assets | 1,673,429 | 1,615,337 | 1,373,363 | 1,351,942 |
| Total Debt | 817,395 | 638,677 | 605,126 | 610,305 |
Priority Technology Holdings Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Priority Technology Holdings Comparisons
Industry
Financing
Details
Priority Technology Holdings Competitors (68)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Paysafe | Formerly PE-Backed | London, United Kingdom | ||||
| Paya | Formerly PE-Backed | Atlanta, GA | ||||
| EVO Payments | Formerly PE-Backed | Atlanta, GA | ||||
| BillingTree | Formerly PE-Backed | Scottsdale, AZ | ||||
| Adyen | Formerly VC-backed | Amsterdam, Netherlands |
Priority Technology Holdings Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Priority Technology Holdings Executive Team (24)
| Name | Title | Board Seat |
|---|---|---|
| Thomas Priore | Chief Executive Officer & Chairman | |
| Tim O'Leary | Chief Financial Officer | |
| Ranjana Ram | Chief Operating Officer, Operations | |
| Sean Kiewiet | Co-Founder, Chief Information Officer and Chief Strategy Officer | |
| Yi Sun | Chief Technology Officer |
Priority Technology Holdings Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
Priority Technology Holdings Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Priority Technology Holdings Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Priority Technology Holdings Investments & Acquisitions (14)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Torpago | 06-Jun-2024 | Financial Software | |||
| Plastiq | 31-Jul-2023 | Financial Software | |||
| Ovvi | 18-Nov-2022 | Financial Software | |||
| Finxera | 17-Sep-2021 | Financial Software | |||
| C&H Financial Services | 01-Jun-2021 | Merger/Acquisition | Financial Software |
Priority Technology Holdings Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Plastiq | Financial Software | San Francisco, CA | 2012 |
| Ovvi | Financial Software | Stafford, TX |
Priority Technology Holdings ESG
Risk Overview
Risk Rating
Updated April, 05, 2023
27.08 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Software & Services
Industry
of 1,094
Rank
Percentile
Data Processing
Subindustry
of 98
Rank
Percentile
Priority Technology Holdings Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| RentPayment | 02-Apr-2019 | Completed |
|
Priority Technology Holdings FAQs
-
When was Priority Technology Holdings founded?
Priority Technology Holdings was founded in 2005.
-
Who is the founder of Priority Technology Holdings?
Sean Kiewiet is the founder of Priority Technology Holdings.
-
Who is the CEO of Priority Technology Holdings?
Thomas Priore is the CEO of Priority Technology Holdings.
-
Where is Priority Technology Holdings headquartered?
Priority Technology Holdings is headquartered in Alpharetta, GA.
-
What is the size of Priority Technology Holdings?
Priority Technology Holdings has 983 total employees.
-
What industry is Priority Technology Holdings in?
Priority Technology Holdings’s primary industry is Financial Software.
-
Is Priority Technology Holdings a private or public company?
Priority Technology Holdings is a Public company.
-
What is Priority Technology Holdings’s stock symbol?
The ticker symbol for Priority Technology Holdings is PRTH.
-
What is the current stock price of Priority Technology Holdings?
As of 07-Oct-2024 the stock price of Priority Technology Holdings is $6.44.
-
What is the current market cap of Priority Technology Holdings?
The current market capitalization of Priority Technology Holdings is $496M.
-
What is Priority Technology Holdings’s current revenue?
The trailing twelve month revenue for Priority Technology Holdings is $814M.
-
Who are Priority Technology Holdings’s competitors?
Paysafe, Paya, EVO Payments, BillingTree, and Adyen are some of the 68 competitors of Priority Technology Holdings.
-
What is Priority Technology Holdings’s annual earnings per share (EPS)?
Priority Technology Holdings’s EPS for 12 months was -$0.65.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
