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On the Record · First Data

First Data acquisitions, on the record

The businesses First Data 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

BusinessDealWhenValue
Australian ATM business
Word for word“On September 30, 2016, we completed the sale of our Australian ATM business, which was reported as part of GBS.” 10-K for 2016
divestitureSeptember 30, 2016—
Transaction Wireless Inc.
Word for word“In 2015, we acquired Transaction Wireless, Inc. (TWI) a provider of digital stored value products that offer gift card programs, loyalty incentives, and integrated marketing solutions for retailers, partners, and consumers.” 10-K for 2016
acquisitionIn 2015—
Gyft, Inc.
Word for word“In 2014, we acquired Gyft, Inc. ( Gyft ), the leading digital platform that enables consumers to buy, send, manage, and redeem gift cards using mobile devices.” 10-K for 2016
acquisitionIn 2014—
Electronic Funds Source LLC (EFS) 30% minority interest
Word for word“In 2014, we completed the sale of our 30% minority interest in a transportation payments business, Electronic Funds Source LLC (EFS).” 10-K for 2016
divestitureIn 2014—
49% minority interest in an international joint venture
Word for word“Additionally in 2016, we sold our 49% minority interest in an international joint venture which resulted in a pretax gain of $7 million.” 10-K for 2016
divestiture2016—
Visa Europe share sale
Word for word“On June 21, 2016, we received cash of €24.2 million ($27 43 million equivalent at June 21, 2016) and Visa preferred stock which is convertible into Visa common shares.” 10-K for 2016
divestitureJune 21, 2016—
CardConnect Corp. (CardConnect)
Word for word“On July 6, 2017, we acquired CardConnect Corp. (CardConnect) for $763 million , net of cash acquired.” 10-K for 2017
acquisitionJuly 6, 2017$763 million
BluePay Holdings, Inc. (BluePay)
Word for word“On December 1, 2017, we acquired BluePay Holdings, Inc. (BluePay) for $759 million, net of cash acquired.” 10-K for 2017
acquisitionDecember 1, 2017$759 million
businesses in Lithuania, Latvia and Estonia
Word for word“On September 27, 2017, we divested all of our businesses in Lithuania, Latvia and Estonia for €73 million (approximately $85 million ).” 10-K for 2017
divestitureSeptember 27, 2017€73 million (approximately $85 million )
digital banking business contributed to Apiture joint venture
Word for word“On October 2, 2017, we formed a digital banking joint venture, named Apiture, combining FDC and Live Oak Bancshares, Inc.'s digital banking platforms, products, and services, delivering innovative technology solutions tailored for financial institutions.” 10-K for 2017
divestitureOctober 2, 2017—
Transaction Wireless, Inc. (TWI)
Word for word“In 2015, we acquired Transaction Wireless, Inc. (TWI) a provider of digital stored value products that offer gift card programs, loyalty incentives, and integrated marketing solutions for retailers, partners, and consumers.” 10-K for 2017
acquisitionIn 2015—
BluePay Holdings, Inc.
Word for word“In December 2017, we acquired BluePay Holdings, Inc. (BluePay) for $759 million , net of cash acquired.” 10-K for 2018
acquisitionDecember 2017$759 million
CardConnect Corp.
Word for word“In July 2017, we acquired CardConnect Corp. (CardConnect) for $763 million , net of cash acquired.” 10-K for 2018
acquisitionJuly 2017$763 million
card processing business in Central and Southeastern Europe
Word for word“In September 2018, we divested our card processing business in Central and Southeastern Europe for proceeds of €387 million (the U.S. dollar equivalent is $449 million ).” 10-K for 2018
divestitureSeptember 2018€387 million
remittance processing business in the U.S.
Word for word“In August 2018, we divested 100% of our remittance processing business in the U.S. for proceeds of $100 million.” 10-K for 2018
divestitureAugust 2018$100 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$6 million$38 million$5 million
2017-12-31$1.61 billion$88 million$875 million
2018-12-31$17 million$549 million$6 million

Deal filings since 2016

Read from First Data’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-27. 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.