M&A Deal Summary

Priority Acquires Silverbyte

On June 27, 2022, Priority acquired software company Silverbyte

Acquisition Highlights
  • This is Priority’s 7th transaction in the Software sector.
  • This is Priority’s 3rd transaction in Israel.

M&A Deal Summary

Date 2022-06-27
Target Silverbyte
Sector Software
Buyer(s) Priority
Deal Type Add-on Acquisition

Target

Silverbyte

Nesher, Israel
Silverbyte is a provider of property management software. The company offers its customers cutting edge technology in hospitality and accommodation management to take them to the next level of travel tech. Silverbyte was founded in 1992 and is based in Nesher, Israel.

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Buyer(S) 1

Buyer

Priority

Rosh Haayin, Israel

Category Company
Founded 1986
Sector Software
DESCRIPTION

Priority is a fully-integrated, comprehensive ERP software solution serving a wide spectrum of industries and organizations, including multi-national and multi-lingual corporations. Its main modules include: finance, manufacturing, logistics, human resources, time and attendance, payroll, business intelligence, project management and customer service and support. Priority was founded in 1986 and is based in Rosh Haayin, Israel.


DEAL STATS #
Overall 7 of 9
Sector: Software M&A 7 of 9
Type: Add-on Acquisition M&A Deals 7 of 9
Country: Israel M&A 3 of 5
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-27 Softsolutions

United States

Softsolutions is a provider of Priority ERP- based mobile applications, web portals, and an advanced Warehouse Management System. The Company specializes in creating an advanced user experience while combining the rich system functionality and existing business processes and turning them into various complementary applications for field services, customers, and suppliers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-03 SCS

Yokneam, Israel

SCS is a prominent implementation company specializing in mobile workforce and native Warehouse Management Systems (WMS) solutions. SCS was founded in 2018 and is based in Yokneam, Israel.

Buy -