Priority Technology Holdings, Inc. to Acquire Finxera to Create the Premier Payments and Banking as a Service Platform
Deal is Immediately Accretive with Pro Forma 2021 Revenue of approximately $540 million and Adjusted EBITDA of approximately $130 million $300 million of Equity Investments from a combination of funds managed by Ares Management and Finxera Shareholders Financing Includes Refinancing of Priority Debt to 4.25x Priority Technology Holdings, Inc., a......