Last week, global payments announced two important transactions, which agreed to strip the source of the source solutions to FIS for $ 13.5 billion while obtaining WorldPay from Fis and GTCR at a net purchase price of $ 22.7 billion.
This step is expected to put global payments as a pioneering provider in the field of pure merchant solutions, with the extension of the global scope and capabilities.
The company expects to process $ 3.7 trillion in the annual payment volume and serves more than 6 million customers in 175 countries.
“Today coincides with a decisive day of global payments,” said CEO Cameron Braidi. “The acquisition of WorldPay and Dripestiture of Issuer Solutions increases the sharpening of our strategic focus and simplifying global payments as a commercial company for pure play with great expand“
The WorldPay deal is expected to add strength in e -commerce services and institutions, which complements the focus on small and medium -sized business (SMB).
The company said that the transaction also brings the Payrix platform to the integrated and integrated wallet for global payments.
The joint company is expected to create a $ 2025 professional revenue of $ 12.5 billion and EBITDA at $ 6.5 billion.
Meanwhile, the company expects the cost of $ 600 million and the revenue of $ 200 million within three years.
In the aftermath of the news, the Fitch Ratses confirmed global payments “BBB” credit rating, noting a strong cash flow and the commitment to reduce the leverage to 3.0X within 24 months.
“Implementation transactions and financial risks are provided in the uninterrupted macroeconomic environment. However, Fitch believes that the commitment of strong criticism and the management commitment to the reduction will enable it to reduce the leverage to more suitable levels for “BBB” IDR “, Fitch wrote.
Transactions are expected to be closed in the first half of 2026. Global payments have reaffirmed their financial expectations for 2025.