M&A Deal Summary

FIS Global Acquires Worldpay

On March 18, 2019, FIS Global acquired financial services company Worldpay for 43.0B USD

Acquisition Highlights
  • This is FIS Global’s 2nd transaction in the Financial Services sector.
  • This is FIS Global’s largest (disclosed) transaction.
  • This is FIS Global’s 16th transaction in the United States.
  • This is FIS Global’s 2nd transaction in Florida.
Investment Fate
  • Worldpay was divested to a consortium of buyers in 2023.

M&A Deal Summary

Date 2019-03-18
Target Worldpay
Sector Financial Services
Buyer(s) FIS Global
Deal Type Merger
Deal Value 43.0B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Worldpay

Jacksonville, Florida, United States
Worldpay is a provider of payment acceptance services. The company offers a broad suite of payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omnichannel environments that span point-of-sale, e-commerce, and mobile devices. Worldpay was established in 2009 and is headquartered in Jacksonville, Florida.

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Buyer(S) 1

Buyer

FIS Global

Jacksonville, Florida, United States

Category Company
Founded 1968
Sector Financial Services
Employees60,000
Revenue 9.8B USD (2023)
DESCRIPTION
FIS' corporate headquarters in Jacksonville, Florida.
FIS' corporate headquarters in Jacksonville, Florida.

FIS Global is a provider of core processing for financial institutions; card issuer and transaction processing services; and outsourcing services to financial institutions and retailers. FIS Global was incorporated in 1968 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 18 of 22
Sector (Financial Services) 2 of 3
Type (Merger) 1 of 1
State (Florida) 2 of 4
Country (United States) 16 of 20
Year (2019) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 Reliance Trust Company Of Delaware

Wilmington, Delaware, United States

Reliance Trust Company Of Delaware is a limited purpose trust company with more than $7 billion in assets under administration. RTCDE has more than 90 employees in seven locations and accepts appointments as Agent for Trustee/Guardian/Executor, Co-Trustee, Custodian, Discretionary Trustee, and Directed Trustee for all types of personal trust accounts. RTCDE works with financial advisors to offer trust services that preserve the advisor/client relationship, administering more than 5,000 trust accounts including Life Insurance Trusts and Special Needs Trusts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-14 Payrix

Sandy Springs, Georgia, United States

Payrix enables vertically-focused SaaS companies to embed and manage payments natively within their software, securing additional recurring revenue and creating an awesome experience. The company provides the tools to create a seamless, embedded user experience and offers clients the choice of payment facilitation-as-a-service (PFaaS) or a full payment infrastructure (payment IaaS) product based on business appetite. Payrix was founded in 2015 and is based in Sandy Springs, Georgia.

Buy -