Global Payments Announces $13.5 Billion Sale of Issuer Solutions to FIS
Deal News | Apr 17, 2025 | Wachtell, Lipton, Rosen & Katz
Global Payments Inc., a prominent player in the payment technology and software solutions industry, has announced a major transaction involving the sale of its Issuer Solutions business to FIS for an enterprise value of $13.5 billion. The deal involves a combination of equity and cash, where Global Payments will receive FIS's stake in Worldpay alongside cash considerations. Concurrently, Global Payments has reached a definitive agreement to acquire the remaining shares of Worldpay from GTCR affiliates, valuing Worldpay at $24.25 billion for full ownership. This strategic move marks a significant reorganization of assets and partnerships in the payment technology sector, underlining Global Payments' intent to streamline its business focus and bolster its market position by integrating Worldpay fully.
Sectors
- Payment Technology
- Financial Services
Geography
- United States – Global Payments and FIS are both major American companies engaged in this transaction, making the U.S. a primary geography of interest.
Industry
- Payment Technology – The transaction involves major players in the payment technology space, with Global Payments and FIS executing deals to reshape their service offerings in this sector.
- Financial Services – The acquisition and divestment activities are significant within the broader financial services industry, affecting how these companies provide financial solutions to various clients.
Financials
- 13.5 billion – The total valuation for the sale of Global Payments' Issuer Solutions business to FIS.
- 24.25 billion – The total valuation for Global Payments acquiring the remaining stake in Worldpay from GTCR.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Global Payments Inc. | Target/Seller | Company | A leading global payment technology and software solutions provider, selling its Issuer Solutions business. |
| FIS | Buyer | Company | Financial technology and services company acquiring the Issuer Solutions business from Global Payments. |
| Worldpay | Target | Company | A significant entity in the Worldpay transaction; Global Payments is acquiring full ownership by buying remaining stakes. |
| GTCR | Seller | Company | Investment firm selling its remaining stake in Worldpay to Global Payments. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | Serves as the legal advisor for Global Payments in these transactions. |