Global Payments Inc. (NYSE:GPN) entered into a definitive agreement to acquire Worldpay, LLC from GTCR LLC and Fidelity National Information Services, Inc. (NYSE:FIS) for $17 billion on April 17, 2025. Global acquire Worldpay from GTCR and FIS for a net purchase price of $22.7 billion, or total value of $24.25 billion including $1.55 billion of anticipated tax assets. As part of the Worldpay transaction, GTCR will receive 59% cash and 41% stock consideration. FIS sell its stake in Worldpay to Global Payments for $6.6 billion in pre-tax value. In related transaction, Fidelity National Information Services, Inc agreed to acquire issuer solutions business of Global Payments Inc. for $13.5 billion. The cash consideration payable in Global Payments? acquisition of Worldpay will be financed with a combination of cash proceeds from the sale of Issuer Solutions and cash on the balance sheet and new debt raised. Global Payments has obtained committed bridge financing of $7.7 billion. GTCR will receive shares in Global Payments at a price of $97.00, representing approximately 15% of Global Payments? outstanding shares on a pro forma basis. Transaction reflects an 8.5x adjusted EBITDA multiple for Worldpay on a net basis inclusive of run-rate synergies. The transactions are subject to receipt of required regulatory approvals and other customary closing conditions and expected to close in the first half of 2026. Transaction is expected to be Adjusted EPS accretive in year 1 and mid-to-high single digit thereafter. Transaction expects run-rate expense synergies of at least $600 million and significant revenue synergies of at least $200 million. As of July 18, 2025, HSR Waiting Periods expired at 11:59 p.m. Eastern Time. As on October 22, 2025, the transaction has been approved by Competition and Markets Authority. As of November 4, 2025, the transaction is expected to close in the first quarter of 2026. On December 2, 2025, The European Commission has approved the transaction.

Wells Fargo Securities, LLC and BMO Capital Markets Corp. acted as financial advisor for Worldpay, LLC. Morgan Stanley & Co. LLC acted as financial advisor, Ted Frankel, Daniel Guerin, Ziyad Ziyadzade and Francesco Castaldi; debt finance lawyer Thomas Dobleman; capital markets lawyers Sharon Freiman, Rachel Sheridan and Asher Qazi; tax lawyers Mike Carew, Adam Kool, Nicholas Warther, Peter Abbott and Anthony Antioch; antitrust & competition lawyers Matt Reilly, Steve Mohr, Alasdair Balfour, Sion Davies, Thomas Wilson, Jack Coles and Stephanie Greco; investment funds lawyers Mike Pergler and Adam Skinner; technology & IP transactions lawyer Aaron Lorber and Todd Herst; employment & labor lawyer Jackie Heffernan; employee benefits lawyer Alexandra Mihalas; executive compensation lawyer Michael Krasnovsky; real estate lawyer John Goldman; environmental transactions lawyer Michelle DeMaio; and international trade & national security lawyers Ivan Schlager and Daniel Gerkin of Kirkland & Ellis LLP and Kirkland & Ellis International LLP acted as legal advisor to Worldpay and GTCR. Chris Daniel, Diane Holden, Arun Srivastava and Nina Moffatt of Paul Hastings LLP acted as legal advisor for GTCR LLC. Gary Boss, Charles Ruck, Leah Sauter, Kirsten Gaeta, Christian McDermott, Sam Newhouse, Tim Scott, Katharine Moir, Helen Lethaby,Christine Mainguy,Megan Alessi,Sarah Gadd,Tobias Leder,Jason Licht,Michelle Kelban,Dara Denberg, Makan Delrahim, Caitlin Fitzpatrick, Francesca Pisano, Simon Pritchard, Héctor Armengod, Jana Dammann de Chapto, Jonathan Parker, Kevin Chambers, Stephanie Teicher, Sandra Benjamin, Ruchi Gill, Stuart Davis, Barrie VanBrackle, Parag Patel, Ghaith Mahmood, Clayton Northouse, Tony Kim, Gail Crawford, Alain Traill and David Langer of Latham & Watkins LLP acted as legal advisor to FIS. J.P. Morgan acted as financial advisor to Global Payments and provided committed financing. Jacob A. Kling, Nelson O. Fitts, Erica E. Aho, Emily D. Johnson, Joshua M. Holmes and Rachel B. Reisberg of Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Global Payments. Evercore Group L.L.C. acted as financial advisor to Worldpay, LLC. Barclays is acting as financial advisor to Global Payments. Deutsche Bank Securities Inc acted as financial advisor to Worldpay. Anna Lyle-Smythe,Alexander Chadd, Stephen Heagney and Jan Putnis of Slaughter and May acted as legal advisor to Global Payments. Georgeson LLC acted as information agent to Fidelity National Information and will receive a fee of $23,049, plus reimbursement of expenses. Computershare acted as transfer agent to Fidelity National Information. Morgan Stanley & Co. LLC acted as financial advisor for Worldpay, LLC. Axinn, Veltrop & Harkrider LLP acted as legal advisor for Worldpay, LLC. Paul Hastings LLP acted as legal advisor for Worldpay, LLC. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC served as co-lead financial advisors to FIS. Centerview Partners LLC also served as a financial advisor to FIS. Wachtell, Lipton, Rosen & Katz provided legal counsel provided regulatory legal counsel to FIS. PJT Partners acted as financial advisor to FIS. UBS acted as financial advisor to GTCR. Citi acted as financial advisor to Fidelity National Information Services.

Global Payments Inc. (NYSE:GPN) completed the acquisition of Worldpay, LLC from GTCR LLC and Fidelity National Information Services, Inc. (NYSE:FIS) on January 9, 2026.