- Global Payments to acquire Worldpay for $24.25 billion in a cash and stock deal.
- GTCR will gain a 15% ownership in Global Payments following the transaction.
- Deal expected to close in the first half of 2026, subject to regulatory approvals.
GTCR, a prominent private equity firm, has announced the sale of its majority stake in Worldpay to Global Payments (GPN) for $24.25 billion. This transaction is part of a three-way deal that positions Global Payments to acquire total control over Worldpay from GTCR and FIS (FIS, Financial), while FIS will purchase Global Payments' Issuer Solutions business for $13.5 billion.
The strategic agreement will see GTCR receiving 59% of the payment in cash and 41% in stock, resulting in a 15% stake in Global Payments' outstanding shares. This move aligns with GTCR's previous acquisition of Worldpay's majority stake in July 2023, where significant advancements were made under CEO Charles Drucker's leadership, enhancing global processing capabilities and launching innovative payment solutions.
The completion of this transformative transaction is anticipated in the first half of 2026, following standard regulatory approvals and closing conditions. Both the acquisition of Worldpay by Global Payments and the sale of its Issuer Solutions business are interdependent and poised to conclude simultaneously.
