Blackstone to Acquire Majority Stake in Priority Software

Thomas Priore-Led Investor Group to Take Priority Technology Holdings Private

September 21, 2026

Payments & Fintech

Priority Technology Holdings entered into a definitive agreement to be taken private by an investor group led by Chairman and CEO Thomas Priore, which will acquire the shares it does not already own for $8.05 per share in cash, valuing the company at approximately $1.6 billion. Funds advised by Searchlight Capital Partners are providing part of the equity financing; the deal remains subject to stockholder and regulatory approvals and is expected to close in the first half of 2027.

Apax Partners Makes ~$450M Minority Investment in IBS Software

May 16, 2023

Cloud & SaaS

Funds advised by Apax Partners agreed to invest approximately $450 million to acquire a significant minority stake in IBS Software from Blackstone. The transaction will leave founder V K Mathews as majority shareholder and positions Apax as a strategic partner to help IBS accelerate growth of its cloud-native travel and logistics SaaS platform.

Blackstone Growth Makes Strategic Growth Investment in Dynamo Software; Francisco Partners Reinvests

September 9, 2021

Cloud & SaaS

Dynamo Software has entered into a definitive agreement to receive a strategic growth investment from funds managed by Blackstone Growth, with existing investor Francisco Partners reinvesting. The capital will be used to accelerate Dynamo's product development and global expansion across the alternative investment management market; the transaction is expected to close in Q4 with terms undisclosed.

TA Associates Makes Growth Investment in Priority Software (with Fortissimo Capital)

October 5, 2020

Software

TA Associates has completed a significant growth investment in Priority Software Ltd., joining existing investor Fortissimo Capital as an institutional investor. The capital will support Priority Software's product and international expansion plans as the cloud and on‑premise ERP provider seeks further organic and acquisitive growth.

Blackstone Acquires Majority Stake in HealthEdge Software

April 9, 2020

Cloud & SaaS

Funds managed by Blackstone, led by its growth equity team, have acquired a majority stake in HealthEdge Software, a provider of cloud-native Core Administrative Processing Systems (CAPS) for health payors. Blackstone said it will support HealthEdge’s expansion and product development; terms were not disclosed.

Vista Equity Partners Acquires Black Mountain Systems

May 29, 2019

Software

Vista Equity Partners has agreed to acquire Black Mountain Systems, a San Diego–based provider of workflow and portfolio management software for credit investors and alternative asset managers. The transaction will see Stone Point Capital exit its investment and provides Black Mountain with capital and resources to accelerate product development, international expansion and growth under Vista's ownership.