Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share.
Concurrent with the announcement of the Worldpay deal, Global Payments announced it is selling its issuer solutions unit to FIS for $13.5 billion. Formerly known as TSYS, the unit provides payment processing and technology solutions for credit and debit card issuers.
Both deals are expected to close in the first half of 2026, pending regulatory approval.