Priority Software

Business Management Software

Business Software
Acquired by Blackstone on May 2024

Company Overview

Snapshot

Founded in January 1986, Priority Software operates with 201–500 employees. The company was acquired by Blackstone in May 2024, marking a significant corporate milestone.

Business overview

Priority Software delivers comprehensive business management solutions tailored for organizations across various industries. Its core technology provides flexible, end-to-end enterprise resource planning (ERP) functionality, including modules for finance, manufacturing, logistics, human resources, business intelligence, project management, and customer relationship management. The company serves markets globally, offering real-time access to business data and insights through cloud, on-premises, and mobile platforms.

Strategic signal

In June 2026, Priority Software acquired Obol, an AI finance startup, strengthening its product offering with AI-powered cash flow management. This acquisition, the fourth since its takeover by Blackstone, signals Priority Software's strategic focus on integrating advanced AI capabilities into its ERP solutions and expanding its market footprint through targeted M&A.

Company Intelligence Q&A

When was Priority Software acquired and by whom?
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 finance startup, to enhance its product offering with AI-powered cash flow management.
What strategic move did Priority Software make in October 2025?
In October 2025, Priority Software acquired Expo-Net to strengthen its solutions portfolio for the construction industry.
What new product did Priority Software unveil in May 2026?
In May 2026, Priority Software unveiled Priority ERP V26.0, an AI-first ERP solution featuring an embedded AI-ERP companion and specialized AI agents.
What recognition did Priority Software receive in November 2025?
In November 2025, Priority Software was named a Major Player in the IDC MarketScape for AI-enabled Midsize Business ERP Applications.

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