Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms

RTTNews | 346 days ago
Stocktwits
Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms

(RTTNews) - Blackstone, Inc. (BX) announced Thursday that Blackstone Growth and affiliated funds have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. The terms of the deal were not disclosed.

Blackstone's investment will help build on the company's position at the forefront of the ERP software market and support its further growth across industries and markets.

Priority Software offers robust mission-critical business applications and ERP solutions across various industries, enhancing business management through innovative, cloud-based applications.

The company's comprehensive product suite, which includes solutions for retail management, hospitality and education, is supported by a network of 100+ partners worldwide.

Priority Software has more than 17,000 customers and over 300,000 end users across multiple end markets. Priority has 500+ employees located across five offices in Israel, the US, and Belgium.

Tags: BX
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Blackstone To Acquire Civica For Undisclosed Financial Terms

Blackstone To Acquire Civica For Undisclosed Financial Terms

Alternative asset manager Blackstone, Inc. (BX) announced Wednesday that private equity funds managed by its affiliates have entered into a definitive agreement to acquire software company Civica, from private markets firm Partners Group, acting on behalf of its clients.
RTTNews | 522 days ago
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
RTTNews | 1 day ago
European Stocks Close Higher

European Stocks Close Higher

Despite lingering uncertainty about U.S. government's trade policy, European stocks closed higher on Friday, with German and French markets gaining for a fourth straight session, and the U.K. moving up for the tenth consecutive session, as investors focused on earnings.
RTTNews | 1 day ago
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