Announced
Completed
Financials
Tags
Private Equity
payment processing
United States
Transaction Processing
Majority
Domestic
Single Bidder
Acquisition
Friendly
Private
Completed
Synopsis
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. āI 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.
Ā© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.