{
  "title": "Global Payments Acquires Worldpay for $24.25 Billion: The Three-Way Deal That Reshaped Payments",
  "publisher": "Acquiry Deal Intelligence",
  "author": "Joash Boyton",
  "url": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/",
  "published": "2026-03-01T09:00:00Z",
  "researchCutoff": "2026-09-30",
  "licence": "Free to reference with attribution to Acquiry Deal Intelligence and a link to the source URL.",
  "rows": [
    {
      "dataset": "key-figures",
      "id": "stat-headline",
      "label": "Enterprise value Global Payments agreed for 100% of Worldpay",
      "value": "$24.25bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-headline"
    },
    {
      "dataset": "key-figures",
      "id": "stat-net",
      "label": "Net purchase price once expected tax assets are deducted",
      "value": "$22.7bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-net"
    },
    {
      "dataset": "key-figures",
      "id": "stat-issuer",
      "label": "What FIS paid Global Payments for Issuer Solutions",
      "value": "$13.5bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis | https://www.fisglobal.com/about-us/media-room/press-release/2026/fis-completes-acquisition-of-global-payments-issuer-business",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-issuer"
    },
    {
      "dataset": "key-figures",
      "id": "stat-fis-stake",
      "label": "Pre-tax value credited for FIS’s 45% Worldpay stake",
      "value": "$6.6bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis | https://www.acquiry.com/deal-intelligence/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-fis-stake"
    },
    {
      "dataset": "key-figures",
      "id": "stat-gtcr-share",
      "label": "GTCR’s stake in Global Payments after taking about 43 million new shares",
      "value": "~15%",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-gtcr-share"
    },
    {
      "dataset": "key-figures",
      "id": "stat-synergies",
      "label": "Annual run-rate synergies targeted: $600m cost plus at least $200m revenue",
      "value": "$800m",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-synergies"
    },
    {
      "dataset": "key-figures",
      "id": "stat-gtcr-markup",
      "label": "Worldpay’s 2025 value against the 2023 GTCR mark",
      "value": "1.31×",
      "provenance": "calculated",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis | https://investor.fisglobal.com/ | https://www.acquiry.com/deal-intelligence/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-gtcr-markup"
    },
    {
      "dataset": "key-figures",
      "id": "stat-vs-2019",
      "label": "Fall in Worldpay’s headline value from FIS’s 2019 purchase",
      "value": "44%",
      "provenance": "calculated",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis | https://investor.fisglobal.com/ | https://www.acquiry.com/deal-intelligence/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#stat-vs-2019"
    },
    {
      "dataset": "valuation-points",
      "id": "fis-2019",
      "label": "2019: FIS acquisition, including debt",
      "value": "$43bn",
      "provenance": "reported",
      "sources": "https://investor.fisglobal.com/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-valuation-bridge"
    },
    {
      "dataset": "valuation-points",
      "id": "gtcr-2023",
      "label": "2023: GTCR majority deal, implied enterprise value",
      "value": "$18.5bn",
      "provenance": "reported",
      "sources": "https://investor.fisglobal.com/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-valuation-bridge"
    },
    {
      "dataset": "valuation-points",
      "id": "gpn-2025",
      "label": "2025: Global Payments headline enterprise value",
      "value": "$24.25bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-valuation-bridge"
    },
    {
      "dataset": "valuation-points",
      "id": "gpn-net",
      "label": "2025: Global Payments net purchase price",
      "value": "$22.7bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-valuation-bridge"
    },
    {
      "dataset": "comparables",
      "id": "gpn-worldpay",
      "label": "Global Payments / Worldpay (2025-04-17)",
      "value": "$24.25bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "fis-issuer",
      "label": "FIS / GPN Issuer Solutions (2025-04-17)",
      "value": "$13.5bn",
      "provenance": "disclosed",
      "sources": "https://investors.globalpayments.com/news-events/press-releases/detail/444/global-payments-to-acquire-worldpay-and-divest-issuer-solutions-business-to-fis",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "gtcr-worldpay",
      "label": "GTCR / Worldpay (majority) (2023-07-06)",
      "value": "$~18.5bn",
      "provenance": "reported",
      "sources": "https://investor.fisglobal.com/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "gpn-tsys",
      "label": "Global Payments / TSYS (2019-05-28)",
      "value": "$~21.5bn",
      "provenance": "reported",
      "sources": "https://en.wikipedia.org/wiki/Total_System_Services",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "fis-worldpay",
      "label": "FIS / Worldpay (2019-03-18)",
      "value": "$~43bn",
      "provenance": "reported",
      "sources": "https://investor.fisglobal.com/",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "fiserv-first-data",
      "label": "Fiserv / First Data (2019-01-16)",
      "value": "$~22 (≈39 incl. debt)bn",
      "provenance": "reported",
      "sources": "https://en.wikipedia.org/wiki/Fiserv",
      "permalink": "https://www.acquiry.com/deal-intelligence/global-payments-worldpay-acquisition/#figure-comparables"
    }
  ]
}