---
schema_version: "secwatch.filing_event.v1"
accession: "0001653558-26-000134"
form_type: "8-K"
ticker: "PRTH"
cik: "0001653558"
company_name: "Priority Technology Holdings, Inc."
filed_at: "2026-08-26T11:30:26+00:00"
generated_at: "2026-08-26T11:35:04.471808+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Priority Technology acquires IntelliPay for $11.5M plus earnout; expands into public sector

## Summary
- PPS subsidiary bought all membership interests of Convenient Payments, LLC (IntelliPay) for $11.5M base plus up to $3.5M earnout.
- Earnout tied to gross profit over up to eight fiscal quarters post-close, capped at $3.5M.
- New Priority Commerce Government vertical expected to add just over $4M incremental 2026 revenue.
- IntelliPay serves government, education, and healthcare payment acceptance; CEO Casey Leloux remains.
- Deal closed August 25, 2026; supported by Priority Technology's guarantee of PPS payment obligations.

## SEC filing metadata
- accession: 0001653558-26-000134
- form_type: 8-K
- ticker: PRTH
- cik: 0001653558
- company_name: Priority Technology Holdings, Inc.
- filed_at: 2026-08-26T11:30:26+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653558/000165355826000134/0001653558-26-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653558/000165355826000134/prth-20260825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653558-26-000134
- JSON: https://secwatch.observer/filing/0001653558-26-000134.json
- Plain text: https://secwatch.observer/filing/0001653558-26-000134.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.