GTCR Sells Worldpay for $24.25 Billion
Deal News | Apr 17, 2025 | Paul Hastings
Paul Hastings LLP has acted as regulatory counsel for GTCR in the $24.25 billion sale of Worldpay, a global leader in merchant acquiring and payments processing, to Global Payments. This deal follows GTCR's acquisition of a majority stake in Worldpay from FIS, also advised by Paul Hastings. The law firm's team was led by the co-chair of Global Fintech & Payments, Chris Daniel, alongside of counsel Diane Holden, and included partners and associates specializing in transactional law. Paul Hastings is distinguished by its broad-ranging expertise and global footprint, representing top investment banks, asset managers, and corporations.
Sectors
- Legal Services
- Financial Services
- Mergers & Acquisitions
Geography
- United States – Paul Hastings LLP and the companies involved are based in the United States.
- Global – Worldpay is a global leader in merchant acquiring and payments processing.
Industry
- Legal Services – Paul Hastings LLP is providing legal advisory services in the transaction.
- Financial Services – The transaction involves major entities in payment processing and financial acquisitions.
- Mergers & Acquisitions – The article discusses a major sale transaction in the payments industry.
Financials
- $24.25 Billion – The sale price of Worldpay to Global Payments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm advising on global financial transactions. |
| GTCR | Seller | Company | A private equity firm selling its stake in Worldpay. |
| Worldpay | Target Company | Company | A global leader in merchant acquiring and payments processing. |
| Global Payments | Buyer | Company | An entity acquiring Worldpay in the transaction. |
| FIS | Previous Owner | Company | FIS was the previous owner from whom GTCR acquired the majority stake in Worldpay. |