- Global Payments Inc. (GPN, Financial) to acquire Worldpay for $22.7 billion net purchase price and divest its Issuer Solutions business to FIS for $13.5 billion.
- The combined entity will process $3.7 trillion in payment volume annually, with significant synergies expected.
- Transaction expected to close in the first half of 2026, enhancing Global Payments' position as a leading pure-play merchant solutions provider.
Global Payments Inc. (GPN) has announced two significant transactions to reshape its business landscape. The company will acquire Worldpay for a net purchase price of $22.7 billion. Concurrently, Global Payments will divest its Issuer Solutions business to FIS for $13.5 billion, marking a strategic realignment to become a leading pure-play merchant solutions provider.
This acquisition and divestiture will position Global Payments to serve over 6 million customers globally and process approximately 94 billion transactions, totaling $3.7 trillion in payment volume across more than 175 countries. The merger is set to unlock substantial operational efficiencies with an expectation to generate $600 million in annual cost synergies and $200 million in revenue synergies within three years post-closure.
The financial structure of the Worldpay deal includes FIS receiving cash and its stake in Worldpay, while GTCR will acquire approximately 15% ownership in Global Payments through shares priced at $97.00 each. This transaction reflects Global Payments' commitment to maintaining investment-grade ratings and achieving a 3.0x leverage target within 18-24 months post-closing.
While the deal anticipates closing in the first half of 2026, subject to regulatory approvals, it promises to create a formidable entity focused on merchant solutions, merging Global Payments’ strengths in SMB services with Worldpay’s advanced ecommerce and enterprise capabilities.
