Priority Software
Business Management Software
Company Overview
Snapshot
Founded in January 1986, Priority Software operates with 201–500 employees. The company has completed 7 funding rounds with investors TA Associates and Fortissimo Capital. In May 2024, Priority Software was acquired by Blackstone.
Business overview
Priority Software delivers flexible, end-to-end business management solutions designed for organizations of varying sizes across diverse industries. Its core technology provides real-time access to business data and insights through cloud, on-premises, and mobile platforms. The company's offerings cover traditional enterprise resource planning (ERP) functionalities, including finance, manufacturing, logistics, human resources, business intelligence, project management, customer relationship management, and customer service. Priority Software serves a broad range of sectors, including IT, healthcare, and industrial manufacturing.
Strategic signal
In June 2026, Priority Software acquired Obol, an AI-powered cash flow management startup. This strategic acquisition strengthens Priority Software's product offering by integrating advanced AI capabilities into its cloud ERP and business management solutions, signaling a clear focus on enhancing its AI-first strategy and expanding its financial management tools for enterprise customers.
Log in to access full profile ›Company Intelligence Q&A
- When was Priority Software acquired?
- Priority Software was acquired by Blackstone in May 2024.
- What was Priority Software's most recent acquisition?
- In June 2026, Priority Software acquired Obol, an AI-powered cash flow management startup, to strengthen its product offering.
- What was a significant product development announced by Priority Software?
- In May 2026, Priority Software unveiled Priority ERP V26.0, an AI-first ERP solution powered by an embedded AI-ERP companion and specialized AI agents.
- Has Priority Software received industry recognition for its ERP solutions?
- In November 2025, Priority Software was named a Major Player in the IDC MarketScape for AI-enabled Midsize Business ERP Applications. Additionally, in November 2025, it was recognized as a Niche Player in the Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises Report for the fifth consecutive time.
- Who was appointed Chief Revenue Officer at Priority Software?
- In May 2025, Priority Software appointed Ben Karniel as Chief Revenue Officer to spearhead global growth.