Priority Technologies Acquires Dealer Merchant Services

Reported 3 days ago

Priority Technology Holdings, Inc. (NASDAQ:PRTH) has successfully completed the acquisition of assets from DMSJV, LLC, known as Dealer Merchant Services (DMS). The deal includes the acquisition of revenue agreements and customer relationships, enhancing Priority's portfolio in the auto dealership sector. DMS's leadership will join Priority, and the acquisition is expected to generate approximately $3 million in additional revenue and over $1 million in adjusted EBITDA in Q4 2025.

Source: YAHOO

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