Global Payments to Buy Worldpay for $24.25B from GTCR, FIS

To sell Issuer Solutions business

Global Payments Inc., a leading payment technology and software solutions provider, announced it will sell its Issuer Solutions business to Fidelity National Information Services (FIS) for $13.5 billion and acquire Worldpay from private equity firm GTCR and FIS for $24.25 billion, including $1.55 billion in anticipated tax assets.

The Worldpay acquisition involves GTCR divesting its 55% stake and FIS its 45% stake. GTCR will receive 59% cash and 41% stock, gaining a 15% ownership in Global Payments’ outstanding shares. The deal follows GTCR’s July 2023 purchase of a majority stake in Worldpay from FIS, during which CEO Charles Drucker drove advancements in global processing, launched innovative payment solutions, and bolstered fraud prevention.

Global Payments expects the Worldpay acquisition to yield $600 million in cost synergies and at least $200 million in revenue synergies, with the deal projected to be accretive to earnings per share in the first year, post-closing.

Both transactions—the Worldpay acquisition and the Issuer Solutions sale—are interdependent and slated to close simultaneously in the first half of 2026.

Wells Fargo acted as financial advisor to Worldpay. Morgan Stanley & Co. LLC acted as financial advisor to GTCR. Kirkland & Ellis LLP provided legal counsel, and Paul Hastings LLP provided regulatory legal counsel.