Fidelity National Information Services, Inc.
FIS Announces Acquisition of Global Payments' Issuer Solutions Business and Sale of Worldpay Stake
Summary
Fidelity National Information Services, Inc. (FIS) announced on April 17, 2025, that it has entered into a definitive agreement to acquire the Issuer Solutions business from Global Payments Inc. for approximately $13.5 billion, while concurrently selling its 45% stake in Worldpay to Global Payments for $6.6 billion. The acquisition is expected to close in the first half of 2026 and is anticipated to be accretive to FIS's Adjusted EBITDA margins, Adjusted EPS, and Adjusted Free Cash Flow. FIS also provided preliminary financial results for the first quarter of 2025, showing total company revenue of $2.5 billion, Adjusted EBITDA of approximately $958 million, and Adjusted EPS of approximately $1.21.
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About Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. is a leading financial technology and services company, primarily focused on providing integrated banking solutions. The company facilitates various digital transformation processes in the financial sector by offering payment processing, core banking software, and enterprise resource planning services. Operating globally, Fidelity National Information Services caters to financial institutions, businesses, and governmental entities, helping them enhance customer experience, increase operational efficiency, and ensure regulatory compliance. Its offerings impact vital sectors such as banking, investment management, retail, and insurance, reflecting its extensive reach across the financial services industry. Fidelity National Information Services plays a critical role in the financial ecosystem, delivering tailor-made IT solutions that empower businesses to streamline their operations and adapt to the evolving digital landscape. With a commitment to innovation, the company continually enhances its technological capabilities to meet the demands of a fast-paced market, promoting growth and sustainability in the financial services sector.
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