Global Payments Set to Transform Payments Industry with Worldpay Acquisition and FIS Partnership
Global Payments Inc. and Worldpay have merged their companies in a major deal valued at 22.7 billion USD, plus sold Issuer Solutions to FIS for 13.5 billion USD to create new solutions in the payments market.
The strategic purchase now makes Global Payments a leading merchant solutions provider that expands their marketplace services. After the merger, the new company, Global Payments and Worldpay will conduct financial operations for 6 million clients all around the world across 175 nations.
Under CEO Cameron Bready, Global Payments reaches this significant milestone as it refines its strategy both through Worldpay’s acquisition and the FIS asset sale. The combined advantage of bringing Global Payments and Worldpay together allows us to quickly expand our business operations.
By joining the two businesses Global Payments adds powerful SMB technology to Worldpay which handles ecommerce and enterprise deals. Global Payments will join forces with FIS to expand their worldwide financial product services. Worldpay CEO Charles Drucker believes the merger of Global Payments and Worldpay brings special value to customers of the payment industry.
Financial highlights of the Global Payments-Worldpay combination include:
- Expected $600 million in annual cost synergies over three years
- At least $200 million in revenue synergies
- Pro forma 2025 adjusted net revenue of approximately $12.5 billion
- Adjusted EBITDA of approximately $6.5 billion
