Global Payments to Acquire Worldpay, Divest Issuer Solutions in $24.25 Billion Deal
Global Payments Inc. has announced a major restructuring of its operations through two key transactions: the acquisition of Worldpay for a net price of $22.7 billion and the divestment of its Issuer Solutions unit to FIS for $13.5 billion. The acquisition includes $1.55 billion in anticipated tax assets, bringing Worldpay’s total value to $24.25 billion.
With this move, Global Payments aims to become a focused merchant solutions provider with a global reach, processing $3.7 trillion in annual payment volume across over 175 countries and serving more than 6 million customers. The combined company is expected to generate adjusted net revenue of $12.5 billion and adjusted EBITDA of $6.5 billion on a pro forma basis.
The deal is expected to deliver $600 million in annual cost savings and at least $200 million in revenue synergies. Global Payments anticipates earnings accretion beginning in the first year following the close.
To finance the Worldpay acquisition, Global Payments will use proceeds from the Issuer Solutions sale, existing cash, and $7.7 billion in new debt. Private equity firm GTCR, the seller of a portion of Worldpay, will receive Global Payments stock valued at $97 per share, amounting to a 15% pro forma stake.
The transactions are expected to close in the first half of 2026, pending regulatory approvals.
Global Payments also reaffirmed its 2025 full-year outlook and reported preliminary Q1 results with adjusted EPS of $2.69 ($2.83 excluding share-based compensation), and over 5% constant currency revenue growth.