GPN · 10-Q · 2026Q2 · Full report
Acquisition / Partnership / Divestiture
GLOBAL PAYMENTS INC · 2026-08-05 · Importance 71 · Surprise 60 · In source text
On January 9, 2026, Global Payments acquired 100% of Worldpay Holdco, LLC from Fidelity National Information Services and GTCR for approximately $6.0 billion in cash and 42.8 million Global Payments shares. Global Payments divested its Issuer Solutions business to FIS for approximately $7.5 billion in cash and FIS’ ownership interest in Worldpay. The transactions added approximately $1.4 billion and $2.6 billion of Worldpay revenue to continuing operations in the three and six months ended June 30, 2026, respectively. Global Payments expects Worldpay integration activities to generate $600 million of annual run-rate expense synergies by year-end 2028, while the broader transformation program is expected to generate more than $650 million of annual run-rate operating income benefit by the first half of 2027.
Key facts
- Consideration received for the divestiture of our Issuer Solutions business consisted of approximately $7.5 billion in cash and FIS’ ownership interest in Worldpay. source
- Consideration paid to GTCR for its ownership interest in Worldpay consisted of approximately $6.0 billion in cash and 42.8 million shares of Global Payments common stock. source
- The primary source of cash during the six months ended June 30, 2026 was the net proceeds from the sale of our Issuer Solutions business of $7,362.3 million. source
- We recently completed the acquisition of Worldpay. source
- We recently completed the divestiture of our Issuer Solutions business. source
- During the six months ended June 30, 2026 and 2025, we used cash of $1,421.5 million and $205.8 million, respectively, for acquisitions. source
- On January 9, 2026, we acquired 100% of Worldpay Holdco, LLC from Fidelity National Information Services, Inc. and affiliates of GTCR LLC and divested our Issuer Solutions business to FIS. source
- We incurred acquisition, transformation and transaction expenses included primarily within Corporate and other expenses related to the Worldpay acquisition and integration. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +11.8% | Consideration received for the divestiture of our Issuer Solutions business consisted of approximately $7.5 billion in cash and FIS’… |
| cash | positive | realized | +11.6% | The primary source of cash during the six months ended June 30, 2026 was the net proceeds from the sale of our Issuer Solutions business… |
| cash | negative | realized | -9.4% | Consideration paid to GTCR for its ownership interest in Worldpay consisted of approximately $6.0 billion in cash and 42.8 million shares… |
| assets | positive | realized | — | Consideration received for the divestiture of our Issuer Solutions business consisted of approximately $7.5 billion in cash and FIS’… |
| assets | positive | realized | — | We recently completed the acquisition of Worldpay. |
| liability | negative | realized | — | We recently completed the acquisition of Worldpay. |