A major acquisition set to change the payments landscape.
On April 17th, Global Payments announced that it is acquiring Worldpay for $24.25 billion in a three-way deal with Fidelity National Information Services (FIS) and private equity firm GTCR. As part of the deal, Global Payments will divest its Issuer Solutions business to FIS for $13.5 billion.
The transaction will sharpen Global Payments' strategic focus, converting it into a pure play merchant solutions business. The new business will serve more than 6 million customers processing 94 billion transactions and $3.7 trillion in volume across more than 175 countries.
Global Payments expects to realize cost synergies of $600 million and revenue synergies of at least $200 million from cross-selling opportunities.
For FIS, the acquisition of Global Payments' Issuer Solutions business will strengthen its position as a fintech company by giving it a wider global reach and an improved suite of products. The deal is expected to be completed in the first half of 2026, contingent on regulatory approvals.
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