Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms

RTTNews | vor 468 Tagen
Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms

(RTTNews) - Blackstone, Inc. (BX) announced Thursday that Blackstone Growth and affiliated funds have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. The terms of the deal were not disclosed.

Blackstone's investment will help build on the company's position at the forefront of the ERP software market and support its further growth across industries and markets.

Priority Software offers robust mission-critical business applications and ERP solutions across various industries, enhancing business management through innovative, cloud-based applications.

The company's comprehensive product suite, which includes solutions for retail management, hospitality and education, is supported by a network of 100+ partners worldwide.

Priority Software has more than 17,000 customers and over 300,000 end users across multiple end markets. Priority has 500+ employees located across five offices in Israel, the US, and Belgium.

read more
Blackstone To Acquire Civica For Undisclosed Financial Terms

Blackstone To Acquire Civica For Undisclosed Financial Terms

Alternative asset manager Blackstone, Inc. (BX) announced Wednesday that private equity funds managed by its affiliates have entered into a definitive agreement to acquire software company Civica, from private markets firm Partners Group, acting on behalf of its clients.
RTTNews | vor 644 Tagen
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews | vor 2 Minuten
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | vor 4Std 18 Minuten
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | vor 4Std 43 Minuten
European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
RTTNews | vor 5Std 10 Minuten
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers. The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
RTTNews | vor 6Std 0 Minuten