GTCR completed the acquisition of a 55% stake in Worldpay from FIS for $11.7bn.

GTCR, a private equity firm, completed the acquisition of a 55% stake in Worldpay, an American payment processing company, from FIS, a financial services technology company, for $11.7bn. “I am pleased to deliver on the commitment we made in July to partially monetize our Merchant Solutions business at an attractive valuation and provide certainty for all stakeholders. With this strategic milestone, we are simplifying our business and driving greater focus on delivering innovative, next-generation financial technology and software solutions to our clients," Stephanie Ferris, FIS CEO and President.