Global Payments Inc. successfully completed the acquisition of Worldpay from FIS and GTCR, while divesting its Issuer Solutions business to FIS.
The transactions have transformed Global Payments into a leading pure-play commerce solutions provider, enhancing its global scale and capabilities in payment technology and software solutions.
The combined company now serves over 6 million merchant locations, processing $3.7 trillion in payment volume annually across 175 countries.
Creation of Leading Commerce Solutions Provider
The acquisition and divestiture have positioned Global Payments as a premier provider of commerce solutions, catering to a broad spectrum of clients worldwide.
Enhanced Global Reach and Capabilities
The transactions have expanded Global Payments' global reach, distribution channels, and local market expertise, enabling significant investment in innovation.
Strategic Channel Focus
Global Payments will market through three channels - Enterprise, SMB, and Integrated & Platforms - tailored to meet diverse client needs with dedicated sales strategies and product roadmaps.
Financial Strength and Value Creation
The combined company aims for enhanced free cash flow generation, balance sheet strength, and sustained investment in growth, targeting a reduction in adjusted net leverage to 3.0x within 18 to 24 months.
- The integration with Worldpay enhances Global Payments' ability to innovate, drive synergies, and offer a comprehensive suite of solutions catering to clients of all sizes and growth stages.
- Global Payments' strategic focus and increased scale enable it to deliver tangible value to its clients through enhanced product offerings, cross-selling opportunities, and a stronger financial profile.
The completion of the acquisition and divestiture marks a strategic milestone for Global Payments, solidifying its position as a leading player in the commerce solutions space. The company is well-positioned to leverage its expanded capabilities, global reach, and financial strength to drive value for its clients and stakeholders.