M&A Deal Summary

Worldpay Acquires Mercury Payment Systems

On May 12, 2014, Worldpay acquired financial services company Mercury Payment Systems from Silver Lake for 1.7B USD

Acquisition Highlights
  • This is Worldpay’s 5th transaction in the Financial Services sector.
  • This is Worldpay’s 2nd largest (disclosed) transaction.
  • This is Worldpay’s 5th transaction in the United States.
  • This is Worldpay’s 1st transaction in Colorado.

M&A Deal Summary
Date 2014-05-12
Target Mercury Payment Systems
Sector Financial Services
Buyer(s) Worldpay
Sellers(s) Silver Lake
Deal Type Add-on Acquisition
Deal Value 1.7B USD
Advisor(s) Morgan Stanley
Barclays Investment Bank
Financial Technology Partners - FT Partners
J.P. Morgan Securities (Financial)
Simpson Thacher & Bartlett (Legal)

Target

Mercury Payment Systems

Denver, Colorado, United States
Mercury Payment Systems LLC is a provider of payments technology and services in the US and Canada, and empowers merchants to accept a broad range of traditional and emerging electronic payments. Mercury embeds its payments technology into third-party software applications used by SMB merchants, enabling them to benefit from the combination of payments and business management functionality. Mercury Payment Systems LLC was formed in 2001 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Worldpay

Jacksonville, Florida, United States
Category Company
Founded 2009
Sector Financial Services
Revenue 3.9B USD (2018)
DESCRIPTION

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.

DEAL STATS #
Overall 5 of 8
Sector (Financial Services) 5 of 6
Type (Add-on Acquisition) 5 of 6
State (Colorado) 1 of 1
Country (United States) 5 of 7
Year (2014) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-25 Element Payment Services

Chandler, Arizona, United States

Element Payment Services, Inc. provides integrated PCI DSS compliant payment processing solutions for merchants and business management software providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-10 Moneris Solutions

Schaumburg, Illinois, United States

Moneris Solutions, Inc. (Moneris USA) is a provider of payment processing services and related technology solutions.

Buy $425M

Seller(S) 1

SELLER

Silver Lake

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 104.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.

DEAL STATS #
Overall 24 of 64
Sector (Financial Services) 3 of 5
Type (Add-on Acquisition) 9 of 18
State (Colorado) 1 of 1
Country (United States) 17 of 50
Year (2014) 4 of 6
Size (of disclosed) 10 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 Sabre

Southlake, Texas, United States

Sabre is a technology software provider to the travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre was formed in 2006 and is based in Southlake, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-16 Allyes Online Media Holding

Shanghai, China

Allyes Online Media Holding Ltd. is the largest online media service provider in China that offers a complete suite of digital marketing solutions and a pioneer in Chinese Internet advertising technology.

Sell -
Mergr

Product

Company

Legal