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Priority Technologies (PRTH) Completes Acquisition of DMS
Yahoo Financeยท 2025-10-18 01:54
Core Insights - Priority Technology Holdings, Inc. (NASDAQ:PRTH) has successfully completed the acquisition of certain assets from Dealer Merchant Services (DMS), a reseller focused on the auto and truck dealership sector [1][2][3] - The acquisition is expected to generate approximately $3 million in incremental revenue and over $1 million in incremental adjusted EBITDA in Q4 2025 [3] Company Overview - Priority Technology Holdings, Inc. is a financial technology company that provides payments and banking solutions through its connected commerce platform, which includes services for payables, merchant services, and banking & treasury solutions [3] - The leadership team from DMS, Amberly Allen and Laura Sherman, will join Priority Technology as part of the acquisition [3]