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New Deal


Announced

Completed

TA Associates and Fortissimo Capital completed a $250m investment in Priority Software.

Financials

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Transaction Value£96m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private Equity

Acquisition

software development

Cross Border

Completed

Private

Israel

Majority

Friendly

Single Bidder

Synopsis

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TA Associates, a global growth private equity firm, and Fortissimo Capital, a private equity firm, completed a $250m investment in Priority Software, a global provider of Enterprise Resource Planning software. "TA's extensive experience investing in the enterprise software space and in partnering with growing companies like Priority Software made the firm an attractive investment partner. We've identified opportunities to accelerate our growth and further expand Priority Software's market penetration both nationally and internationally, and we believe that TA will be a valuable partner for us alongside Fortissimo to help us realize our ambitions," Andres Richter, Priority Software CEO.

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