GTCR Sells Worldpay to Global Payments for $24.25 Billion

Deal News | Apr 17, 2025 | Paul Hasting

GTCR Sells Worldpay to Global Payments for $24.25 Billion

In a landmark transaction within the financial technology sector, Paul Hastings LLP has successfully advised GTCR on the sale of Worldpay, a leader in merchant acquiring and payments processing, to Global Payments for $24.25 billion. Previously, Paul Hastings played a critical role in GTCR's acquisition of a majority stake in Worldpay from FIS in July 2023, showcasing their continued expertise in handling significant regulatory matters. The dedicated team at Paul Hastings included Global Fintech & Payments co-chair Chris Daniel and of counsel Diane Holden, among others. This transaction underscores the dynamic nature of the fintech industry, driven by large-scale mergers and acquisitions.

Sectors

  • Financial Technology
  • Legal Services

Geography

  • United States – Both GTCR and Paul Hastings are headquartered in the United States, and the transaction involves major American financial institutions.

Industry

  • Financial Technology – The article covers a significant transaction involving Worldpay, a leader in merchant acquiring and payments processing, which is part of the financial technology sector.
  • Legal Services – Paul Hastings provided legal and regulatory counsel in the transaction, highlighting the importance of legal services in managing complex M&A deals in the financial sector.

Financials

  • $24.25 billion – The sale price of Worldpay to Global Payments.

Participants

NameRoleTypeDescription
GTCRSelling CompanyCompanyA leading private equity firm that sold its stake in Worldpay to Global Payments.
WorldpayTarget CompanyCompanyA global leader in merchant acquiring and payments processing, sold by GTCR to Global Payments.
Global PaymentsBidding CompanyCompanyThe company acquiring Worldpay from GTCR for $24.25 billion.
Paul Hastings LLPLegal AdvisorCompanyProvided regulatory counsel to GTCR for both the acquisition and sale of Worldpay.