Priority Software News
13 articles
growth-positive
/CNW/ -- Priority Software, a leading global provider of ERP and business management software announces the acquisition of Expo-Net, a developer of advanced...
Priority Software, a global ERP and business management software provider, has acquired Expo-Net, a developer of cloud platforms for the construction and architecture industries. This acquisition aligns with Prioritys strategy to expand into various sectors, including retail, hospitality, and logistics. By integrating Expo-Nets technology, Priority aims to enhance its offerings in the construction industry, providing comprehensive digital solutions for project management. The combined platform will offer real-time insights into project status and business performance, optimizing processes and reducing costs. This move is expected to accelerate Prioritys growth in local and international markets, offering a broader range of solutions to its construction industry clients.
AcquisitionCustomersPartners
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Priority Acquires Expo-Net in Strategic Move to Strengthen Construction Industry Solutions Portfolio
Priority Software, a global provider of ERP and business management software, has acquired Expo-Net, a developer of cloud platforms for the construction and architecture industry. This acquisition is part of Prioritys strategy to expand its capabilities in providing digital solutions for construction project management. The integration of Expo-Nets technology will enhance Prioritys product suite, offering comprehensive solutions for construction industry managers. This move is expected to strengthen Prioritys position in the construction sector and accelerate growth in local and international markets. The acquisition aligns with Prioritys goal to provide innovative solutions to its construction industry clients, leveraging AI technology and cloud-based architecture.
AcquisitionCustomersPartners
growth-positive
/CNW/ -- Priority Software, a leading global provider of ERP and business management software announces the acquisition of SCS, a prominent implementation...
Priority Software, a global provider of ERP and business management software, has acquired SCS, a company specializing in the implementation of Prioritys mobile workforce and native Warehouse Management Systems (WMS) solutions. This acquisition aims to enhance Prioritys logistics solutions by integrating SCSs expertise in WMS implementation with Prioritys advanced AI capabilities. The acquisition is expected to optimize storage, reduce operational costs, and improve supply chain efficiency. SCS will be integrated into Prioritys ERP Delivery Department, maintaining its organizational culture. Priority Software serves over 75,000 customers in 70 countries and is recognized for its innovative cloud-based ERP solutions.
AcquisitionPartners
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/PRNewswire/ -- Priority Software Ltd., a leading global provider of ERP and business management software announces its revolutionary aiERP, leveraging the...
Priority Software Ltd. has launched its latest ERP solution, aiERP, which integrates AI capabilities into its core architecture. This release marks a significant advancement in enterprise technology, offering features such as AI personalization, intelligent assistance, and machine learning for demand and sales prediction. The aiERP aims to enhance user experience, provide deeper business insights, and optimize operations. Priority Softwares commitment to innovation is evident in this release, which is designed to improve efficiency, profitability, and business agility for its users. With over 75,000 customers in 70 countries, Priority Software continues to transform business operations with its cutting-edge ERP solutions.
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/PRNewswire/ -- Priority Software, a leading provider of scalable and agile cloud-based business management solutions, proudly announces the appointment of Ben...
Priority Software, a leading provider of cloud-based business management solutions, has appointed Ben Karniel as its new Chief Revenue Officer, effective May 1, 2025. This strategic move is aimed at accelerating international growth and strengthening market presence in North America. Karniel brings over two decades of experience in software sales and revenue growth, having worked with companies like Microsoft and LivePerson. Priority Software serves over 75,000 customers in 70 countries and is recognized for its robust ERP solutions. The company is backed by Blackstone as a majority stakeholder and is committed to innovation, leveraging AI technology to enhance its offerings.
Management ChangesCustomersPartners
growth-positive
Blackstone acquires Israel’s Priority Software at an $800 million valuation | CTech
Blackstone Growth and affiliated funds have agreed to purchase a majority stake in Israeli enterprise software company Priority Software at an $800 million valuation. This is the largest deal for Blackstone in Israel since it opened its offices in 2021. Priority Software offers business applications and ERP solutions across various industries, supported by a network of over 100 partners worldwide. The company has over 17,000 customers and more than 300,000 end users across multiple markets, as well as 500 employees in Israel, the U.S., and Belgium.
AcquisitionInvestment
Growth-Positive
Blackstone in advanced negotiations to acquire Priority Software at $400-500 million valuation | CTech
Blackstone is in advanced negotiations to acquire a controlling stake in Israeli company Priority Software, which operates in the enterprise software (ERP) field. The deal, which values Priority at $400-500 million, will see Blackstone acquire 60-80% of the companys shares. Currently, Priority is owned by Israeli private equity fund Fortissimo and American investment fund TA Associates. The company serves 75,000 customers in 70 countries and employs about 500 people. It has made a series of acquisitions worth approximately $107 million since TA Associates entry. The deal will mark Blackstones first significant deal in Israel.
AcquisitionInvestment
growth-positive
Priority Software acquiring SilverByte for around $35 million CTech
SilverByte, a hotel management software company, is being sold for NIS 120 million ($35 million) to Priority Software. The acquisition is owned by global growth private equity firm TA Associates and Israeli private equity firm Fortissimo Capital. SilverBytes product, named Optima, is installed in hotel groups such as Dan Hotels, Leonardo Hotels, Fattal Hotels, Crowne Plaza Hotels, and Holiday Inn hotels. The company is active in over 30 countries and has an annual growth rate of 10-20%. The acquisition will not result in any management changes, and SilverByte will continue to be led by Einav Peleg. Priority Software is making its fifth acquisition in the past 16 months, spending a total of NIS 400 million ($115 million).
Acquisition
growth-positive
Priority Software Acquires Israel-based Edea
Priority Software has announced the acquisition of Edea AMC Ltd., a provider of an innovative UNIFIED COMMERCE solution for retailers. The acquisition will enhance Prioritys retail ERP solutions offering and enable its customers to benefit from Edeas end-to-end Retail Management System. The solution, based on the Priority ERP platform, will provide comprehensive management of supply chain, front- and back-end processes, and financials. It will also offer a holistic real-time view of operations and improve the purchasing experience for consumers. The acquisition will help accelerate the distribution and deployment of the unified retail solution in new international markets. The deal is expected to close in March 2021.
PartnersExpand
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TA Associates Completes Significant Growth Investment in Priority Software
TA Associates, a global growth private equity firm, has completed a significant growth investment in Priority Software Ltd., a leading global provider of Enterprise Resource Planning (ERP) software. TA joins existing investor Fortissimo Capital, a private equity firm based in Israel. Priority Software, founded in 1986, provides end-to-end cloud-based (SaaS) and on-premise business management solutions for organizations of all sizes. The company has more than 10,000 customers and over 300,000 end users across multiple end markets.
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Priority Software Showcases Ease of Use, Increased Process Efficiency and Cost Effectiveness at Leading UK Retail Manufacturer, Trutex
Priority Software has been recognized by Omdia for its ease of use and cost effectiveness in the UK retail manufacturing sector. Trutex, a long-time customer of Priority Software, implemented Priority ERP to automate and streamline their stock control, order fulfillment, warehousing, and manufacturing processes. The implementation of Priority ERP has helped Trutex simplify their complex processes, improve visibility of demand, and achieve significant cost savings. Trutex plans to further integrate Priority into their procurement planning process and explore cloud and mobile ERP solutions. Priority Software delivers end-to-end ERP solutions for manufacturers like Trutex and aims to meet their business needs today and in the future.
Customers
growth-positive
Priority Software acquires Belgium's Optimize Group
Israeli company Priority Software has acquired Belgiums Optimize Group to accelerate growth in Western Europe and improve support for its customer base. The price of the deal was estimated at several million euros. This is Priority Softwares fourth acquisition in recent years as part of its strategy for expanding international activity. The company has seen significant revenue growth and an increase in customers since 2017. Optimize will remain an independent unit with all 35 employees retained.
CustomersPartners
growth-positive
Priority Software Expands Offering to Small Businesses, Acquires US-based Acclivity
Priority Software Ltd. has announced the acquisition of Acclivity, a New Jersey-based software developer known for their small business accounting solutions. This acquisition is part of Prioritys global expansion strategy and follows their previous purchase of Monitin Information Systems ERP activity and the establishment of Priority Software U.S. The acquisition of Acclivity will enhance Prioritys product offering and make them a contender in the small business accounting software market in North America. Acclivity brings in a consumer base of over 75,000 customers. The two companies have a synergy and share a common business culture. Priority Software aims to provide comprehensive, flexible, and affordable ERP solutions to companies of all sizes.
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