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
| Business | Deal | When | Value |
|---|---|---|---|
Australian ATM businessWord 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 | divestiture | September 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 | acquisition | In 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 | acquisition | In 2014 | — |
Electronic Funds Source LLC (EFS) 30% minority interestWord 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 | divestiture | In 2014 | — |
49% minority interest in an international joint ventureWord 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 | divestiture | 2016 | — |
Visa Europe share saleWord 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 | divestiture | June 21, 2016 | — |
Accullink Inc. (Acculynk)Word for word“On May 1, 2017, we acquired Accullink Inc. (Acculynk), a leading technology company that delivers eCommerce solutions for debit card acceptance, for $85 million , net of cash acquired.” 10-K for 2017 | acquisition | May 1, 2017 | $85 million |
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 | acquisition | July 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 | acquisition | December 1, 2017 | $759 million |
businesses in Lithuania, Latvia and EstoniaWord 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 | divestiture | September 27, 2017 | €73 million (approximately $85 million ) |
digital banking business contributed to Apiture joint ventureWord 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 | divestiture | October 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 | acquisition | In 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 | acquisition | December 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 | acquisition | July 2017 | $763 million |
card processing business in Central and Southeastern EuropeWord 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 | divestiture | September 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 | divestiture | August 2018 | $100 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill 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
- 2019-07-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
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.