Kramer Levin Represents Selling Stockholder in Secondary Offering of Shares in Priority

Kramer Levin represented Trident Finxera Holdings LP, an affiliate of Stone Point Capital, in connection with a secondary offering of 9,070,643 shares of common stock of Priority Technology Holdings, Inc. (NASDAQ: PRTH). The selling stockholders received all of the proceeds from the offering. The offering closed on Jan. 17, 2025.

Priority is the payments and banking fintech that enables businesses to collect, store, lend, and send funds through a unified commerce engine. Priority’s platform combines payables, merchant services, and banking and treasury solutions so leaders can streamline financial operations efficiently — and Priority’s innovative industry experts help businesses navigate and build momentum on the path to growth. With the Priority Commerce Engine, leaders can accelerate cash flow, optimize working capital, reduce unnecessary costs, and unlock new revenue opportunities.