M&A Deal Summary

Fiserv Acquires First Data

On January 16, 2019, Fiserv acquired financial services company First Data for 22.0B USD

Acquisition Highlights
  • This is Fiserv’s 6th transaction in the Financial Services sector.
  • This is Fiserv’s largest (disclosed) transaction.
  • This is Fiserv’s 31st transaction in the United States.
  • This is Fiserv’s 4th transaction in Georgia.

M&A Deal Summary

Date 2019-01-16
Target First Data
Sector Financial Services
Buyer(s) Fiserv
Deal Type Merger
Deal Value 22.0B USD
Advisor(s) Bank of America Merrill Lynch (BofA Securities) (Financial)
Simpson Thacher & Bartlett LLP (Legal)

Target

First Data

Atlanta, Georgia, United States
website
First Data's corporate headquarters in Atlanta, Georgia.
First Data's corporate headquarters in Atlanta, Georgia.
First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. First Data was formed in 1989 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Fiserv

Brookfield, Wisconsin, United States

website


Category Company
Founded 1984
Sector Information Technology
Employees44,000
Revenue 14.9B USD (2020)
DESCRIPTION
Fiserv's corporate headquarters in Brookfield, Wisconsin.
Fiserv's corporate headquarters in Brookfield, Wisconsin.

Fiserv is a global provider of information management and electronic commerce systems for the financial services industry, providing integrated technology and services that create value and results for clients. Clients include banks, credit unions and thrifts, billers, mortgage lenders and leasing companies, brokerage, and investment firms. Fiserv was established in 1984 and is based in Brookfield, Wisconsin.


DEAL STATS #
Overall 35 of 41
Sector (Financial Services) 6 of 7
Type (Merger) 1 of 1
State (Georgia) 4 of 4
Country (United States) 31 of 37
Year (2019) 1 of 1
Size (of disclosed) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-25 Elan Financial Services - Third-Party ATM & Debit Servicing Business

United States

Elan Financial Services - Third-Party ATM & Debit Servicing Business provides smart, scalable ATM and debit card processing solutions that go far beyond technology.

Buy $690M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-05 Tegra118

Brookfield, Wisconsin, United States

Tegra118 is a technology provider for key segments of the wealth and asset management industry. The company's scalable, integrated platform delivers mission-critical, end-to-end software solutions for the front, middle, and back-office. Tegra118 is based in Brookfield, Wisconsin.

Sell -