Priority Technology Holdings Appoints Barclays as Financial Advisor and Paul Weiss as Independent Legal Counsel for Take-Private Proposal Evaluation

Priority Technology Holdings has retained Barclays as its financial advisor and Paul Weiss as its independent legal counsel to evaluate a preliminary, non-binding take-private proposal by Thomas Priore. The Special Committee will consider the proposal and other strategic alternatives, but there is no set timetable for completion. There can be no assurance that a definitive offer will be made or that the transaction will be approved or consummated.