Acquiring Company
FIS
Acquired Company
Global Payments
Description
FIS has announced its agreement to acquire Global Payments’ Issuer Solutions business for a net purchase price of $12 billion. This acquisition aims to enhance FIS’ payment product suite and relationships with financial institutions. Concurrently, FIS will sell its stake in Worldpay to Global Payments for $6.6 billion. The deal is expected to generate significant financial growth and recurring revenues for FIS.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed