On the Record · Fidelity National Information Services
Fidelity National Information Services acquisitions, on the record
The businesses Fidelity National Information Services bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Worldpay Merchant Solutions businessWord for word“in addition to the net proceeds from the Worldpay Sale which closed on January 31, 2024.” 10-K for 2023 | agreed divestiture | closed on January 31, 2024 | — |
Virtus PartnersWord for word“On January 2, 2020, FIS acquired a majority interest in Virtus Partners ("Virtus"), previously a privately held company that provides high-value managed services and technology to the credit and loan market.” 10-K for 2023 | acquisition | On January 2, 2020 | — |
new acquisitionsWord for word“In the fourth quarter of 2023, we paid $202 million related to new acquisitions.” 10-K for 2023 | acquisition | In the fourth quarter of 2023 | $202 million |
acquisition within the Worldpay Merchant Solutions businessWord for word“In 2021, we used approximately $767 million of cash (net of cash acquired, including restricted cash) for an acquisition within the Worldpay Merchant Solutions business, which is included in discontinued operations.” 10-K for 2023 | acquisition | In 2021 | approximately $767 million of cash (net of cash acquired, including restricted cash) |
Cardinal HoldingsWord for word“In 2021, we received approximately $367 million of cash for the net proceeds from the sale of our equity ownership interest in Cardinal Holdings.” 10-K for 2023 | divestiture | In 2021 | approximately $367 million of cash |
Worldpay Merchant Solutions business (55% equity interest sold to private equity funds managed by GTCR, LLC)Word for word“The net cash proceeds received by FIS at the closing were greater than $12 billion, net of estimated closing adjustments, debt restructuring fees, taxes and transaction costs.” 10-K for 2024 | agreed divestiture | — | greater than $12 billion |
three businesses acquired in 2024Word for word“During the year ended December 31, 2024, the Company completed acquisitions of three businesses for total cash consideration, net of cash acquired, of $ 514 million.” 10-K for 2024 | acquisition | During the year ended December 31, 2024 | $ 514 million |
Virtus Partners (remaining 30% interest redeemed from Founders)Word for word“In January 2023, the Founders exercised their put option, and as a result, FIS paid the $ 173 million redemption value, recorded as a financing activity in the consolidated statement of cash flows, and now owns 100 % of Virtus.” 10-K for 2024 | acquisition | In January 2023 | $ 173 million |
acquisitions in the fourth quarter of 2023Word for word“In the fourth quarter of 2023, we paid $202 million related to new acquisitions.” 10-K for 2024 | acquisition | In the fourth quarter of 2023 | $202 million |
Worldpay Merchant Solutions business (55% equity interest)Word for word“On January 31, 2024, we completed the sale (the "2024 Worldpay Sale") of a 55% equity interest in our Worldpay Merchant Solutions business to private equity funds managed by GTCR, LLC (such funds, the "Buyer").” 10-K for 2025 | divestiture | On January 31, 2024 | — |
Issuer Solutions Business from Global Payments Inc.Word for word“FIS acquired the Issuer Solutions Business from Global Payments in exchange for FIS' minority interest in Worldpay and approximately $ 7.7 billion in cash, which is equal to the difference between the purchase price payable by FIS in respect of the Issuer Solutions Business and the purchase price payable by Global Payments in respect of FIS' minority interest in Worldpay.” 10-K for 2025 | acquisition | — | approximately $ 7.7 billion in cash |
Worldpay (all of FIS' remaining equity interests)Word for word“On January 9, 2026, FIS completed its previously announced (i) acquisition of the Issuer Solutions business ("the "Issuer Solutions Business") from Global Payments Inc., ("Global Payments") ("the Issuer Solutions Acquisition") and (ii) sale of all of its equity interests in Worldpay (the "2026 Worldpay Minority Interest Sale"), pursuant to the transaction agreement (the "Transaction Agreement"), entered into on April 17, 2025, by and among FIS, Global Payments, Total System Services LLC, and Worldpay.” 10-K for 2025 | divestiture | On January 9, 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | $0 | — |
| 2017-12-31 | $0 | $1.31 billion | — |
| 2018-12-31 | $0 | — | — |
| 2019-12-31 | $6.63 billion | — | $38.07 billion |
| 2020-12-31 | $469 million | — | $299 million |
| 2021-12-31 | $767 million | — | $620 million |
| 2022-12-31 | $0 | — | $11 million |
| 2023-12-31 | $202 million | — | $101 million |
| 2024-12-31 | $514 million | — | $355 million |
| 2025-12-31 | $573 million | — | $337 million |
Deal filings since 2016
- 2026-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-07-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-06-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Fidelity National Information Services’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.