Global Payments to acquire Worldpay from GTCR and FIS for $24.25bn.

Global Payments, a worldwide provider of payment technology and software solutions, agreed to acquire Worldpay, a payment processing company, from GTCR, a private equity company, and FIS, a financial services company, for $24.25bn. “Today marks a defining day for Global Payments and a pivotal milestone in our journey to become the worldwide partner of choice for commerce solutions. The acquisition of Worldpay and divestiture of Issuer Solutions further sharpen our strategic focus and simplify Global Payments as a pure play merchant solutions business with significantly expanded capabilities, extensive scale, greater market access and an enhanced financial profile,” Cameron Bready, Global Payments CEO.