• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Global Payments Announces Agreement to Divest Payroll Business

    5/28/25 6:55:00 AM ET
    $GPN
    Business Services
    Consumer Discretionary
    Get the next $GPN alert in real time by email
    • Divestiture is latest in series of transactions designed to simplify business
    • Transaction proceeds to be used to return capital to shareholders

    Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, announced today that it has entered into a definitive agreement to divest its Payroll business to Acrisure, a financial technology company based in Grand Rapids, Michigan for total consideration of $1.1 billion.

    Global Payments intends to use the after-tax proceeds from the divestiture to return capital to shareholders while maintaining leverage neutrality.

    The divestiture of its Payroll business is the latest step Global Payments has taken to further simplify its business and position the company as a leading pure play commerce solutions provider for merchants of all sizes. As part of the transformation program outlined at its September 2024 Investor Conference, Global Payments also recently announced agreements to divest its Issuer Solutions business and acquire Worldpay, and closed its sale of AdvancedMD.

    "I am pleased with the progress we are making with our transformation program as we move aggressively to simplify our business and enhance value for shareholders," said Cameron Bready, CEO of Global Payments. "This transaction further sharpens our strategic focus and allows us to amplify investment in the markets and solutions where we are most differentiated, while also positioning the payroll business to benefit from greater scale and investment moving forward."

    In connection with the transaction, Global Payments entered into a mutual referral agreement and long-term commercial partnership with Acrisure in which Global Payments will continue delivering fully integrated human capital management and payroll offerings to its merchant customers as part of its suite of commerce enablement solutions.

    The transaction is expected to close in the second half of 2025, subject to the receipt of required regulatory approvals and other customary closing conditions.

    About Global Payments

    Global Payments (NYSE:GPN) helps businesses around the world enable commerce and provide exceptional experiences to their customers. Our payment technology and software solutions enable merchants, issuers and developers to deliver seamless customer experiences, run smarter operations and adapt quickly to change. Because if it has anything to do with commerce, we are already on it.

    With 27,000 team members across 38 countries, we have the scale and expertise to help businesses grow with confidence. Headquartered in Georgia, Global Payments is a Fortune 500® company and a member of the S&P 500.

    Learn more at company.globalpayments.com and follow us on X, LinkedIn and Facebook.

    Forward-Looking Statements

    This communication may contain certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and assumptions made by our management, involve risks, uncertainties and assumptions that could significantly affect the financial condition, results of operations, business plans and the future performance of Global Payments. Actual events or results might differ materially from those expressed or forecasted in these forward-looking statements. Accordingly, we cannot guarantee that our plans and expectations will be achieved. Examples of forward-looking statements include, but are not limited to, statements we make regarding future financial and operating results, including revenue, earnings estimates, liquidity, and deleveraging plans, management's expectations regarding future plans, objectives and goals; market and growth opportunities; capital available for allocation; the effects of general economic conditions on our business; statements about the strategic rationale and anticipated benefits of acquisitions or dispositions, such as the proposed dispositions of the Payroll and Issuer Solutions businesses or the proposed acquisition of Worldpay (the "Transactions"), including future financial and operating results, and the successful integration of our acquisitions; statements about the completion of anticipated benefits and strategic or operational initiatives; statements regarding our success and timing in developing and introducing new services and expanding our business; and other statements regarding our future financial performance and the company's plans, objectives, expectations and intentions. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "intends," "plan," "forecast," "could," "should," "will," "would," or words of similar meaning. Although we believe that the plans and expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our plans and expectations will be attained, and therefore actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.

    In addition to factors previously disclosed in Global Payments' reports filed with the SEC and those identified elsewhere in this presentation, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: Global Payments' ability to complete the proposed Transactions on the proposed terms or on the anticipated timelines, or at all; failing to fully realize anticipated cost savings and other anticipated benefits of the proposed Transactions when expected or at all; business disruptions from the proposed Transactions that will harm Global Payments' businesses, including current plans and operations; the diversion of management's attention from ongoing business operations; the continued availability of capital and financing; the effects of global economic, political, market, health and social events or other conditions; the imposition of tariffs and other trade policies and the resulting impacts on market volatility and global trade; macroeconomic pressures and general uncertainty regarding the overall future economic environment; foreign currency exchange, inflation and rising interest rate risks; the effects of a security breach or operational failure on our business; the ability to maintain Visa and Mastercard registration and financial institution sponsorship; difficulties, increased competition in the markets in which we operate and our ability to increase our market share in existing markets and expand into new markets; our ability to safeguard our data; risks associated with our indebtedness; the potential effect of climate change including natural disasters; the effects of new or changes in current laws, regulations, credit card association rules or other industry standards on us or our partners and customers, including privacy and cybersecurity laws and regulations; and other events beyond our control, and other factors included in the "Risk Factors" section in our most recent Annual Report on Form 10-K and in other documents that we file with the SEC, which are available at https://www.sec.gov.

    These cautionary statements qualify all of our forward-looking statements, and you are cautioned not to place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date they are made and should not be relied upon as representing our plans and expectations as of any subsequent date. While we may elect to update or revise forward-looking statements at some time in the future, we specifically disclaim any obligation to publicly release the results of any revisions to our forward-looking statements, except as required by law.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250528214715/en/

    Investor Contact:

    Winnie Smith

    [email protected]

    Media Contact:

    Emily Edmonds

    [email protected]

    Get the next $GPN alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $GPN

    DatePrice TargetRatingAnalyst
    6/2/2025$79.00Hold
    Truist
    4/25/2025$86.00Outperform → Sector Perform
    RBC Capital Mkts
    4/23/2025Outperform → Peer Perform
    Wolfe Research
    4/21/2025$75.00Buy → Hold
    Jefferies
    4/21/2025$78.00Buy → Hold
    TD Cowen
    4/17/2025$135.00 → $78.00Outperform → Mkt Perform
    Keefe Bruyette
    1/10/2025$120.00Overweight → Equal-Weight
    Stephens
    1/10/2025$122.00Buy → Neutral
    Goldman
    More analyst ratings

    $GPN
    SEC Filings

    See more
    • SEC Form SD filed by Global Payments Inc.

      SD - GLOBAL PAYMENTS INC (0001123360) (Filer)

      5/30/25 4:12:15 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Global Payments Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits

      8-K - GLOBAL PAYMENTS INC (0001123360) (Filer)

      5/16/25 4:35:17 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • SEC Form 144 filed by Global Payments Inc.

      144 - GLOBAL PAYMENTS INC (0001123360) (Subject)

      5/8/25 2:47:33 PM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Baldwin Robert H B Jr gifted 5,800 shares and bought $672,800 worth of shares (5,800 units at $116.00) (SEC Form 4)

      4 - GLOBAL PAYMENTS INC (0001123360) (Issuer)

      12/16/24 4:10:39 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Baldwin Robert H B Jr gifted 3,500 shares and bought $420,210 worth of shares (3,500 units at $120.06) (SEC Form 4)

      4 - GLOBAL PAYMENTS INC (0001123360) (Issuer)

      12/8/23 4:11:55 PM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Global Payments Inc. (Amendment)

      SC 13G/A - GLOBAL PAYMENTS INC (0001123360) (Subject)

      2/9/24 8:40:49 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Global Payments Inc. (Amendment)

      SC 13G/A - GLOBAL PAYMENTS INC (0001123360) (Subject)

      2/14/23 12:38:00 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Global Payments Inc. (Amendment)

      SC 13G/A - GLOBAL PAYMENTS INC (0001123360) (Subject)

      2/9/23 11:19:24 AM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Leadership Updates

    Live Leadership Updates

    See more
    • Acrisure Acquires Payroll Business from Global Payments for $1.1 Billion to Expand its Fintech Product Offering

      Addition of new payroll, HR and billing technology further enhances Acrisure's position as a global fintech leader Acrisure today announced the signing of a definitive agreement to acquire Global Payments' (NYSE:GPN) payroll business, Heartland Payroll Solutions ("Heartland Payroll"), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure's current payroll and HCM capabilities and advance its mission to become the preeminent fintech solutions provider for millions of small and medium-sized businesses do

      5/28/25 7:11:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Dye & Durham Announces Leadership Updates

      -  Appoints Sid Singh, an Experienced Technology Executive, as Interim CEO-  Appoints Arnaud Ajdler as Chair of the Board TORONTO, Feb. 21, 2025 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), one of the world's largest providers of cloud-based legal practice management software, today announced the appointment of Sid Singh as Interim Chief Executive Officer, effective immediately. Mr. Singh will remain a director of the Company and succeeds Hans T. Gieskes, who will also continue his service on the Board of Directors (the "Board"). Additionally, Arnaud Ajdler has been appointed Chair of the Board. "Since joining the Board, Sid has become increasingly involved wit

      2/21/25 7:00:00 AM ET
      $EFX
      $GPN
      $PAYA
      Finance: Consumer Services
      Finance
      Business Services
      Consumer Discretionary
    • TSG Names Shelley Joyce as Chief Technology Officer

      TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, announced today that Shelley Joyce has been appointed as its Chief Technology Officer (CTO). As CTO, Shelley will set and execute a vision that accelerates the growth of TSG's technology stack and supports its clients' technological needs. This includes overseeing, consulting, and delivering customized software products and solutions, payment technology design and builds, existing platform modernizations and stabilization initiatives, and point-of-sale (POS) development and technical consulting. "As payments acceptance continues to evolve and the reliance on m

      2/6/25 10:05:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Global Payments Launches New Genius™ for Retail Solution

      New solution delivers fast, simple and feature rich POS software designed for a wide array of retail shops Announcement follows launch of Genius platform and Genius for Restaurants solution in May Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, announced today the release of its Genius for Retail solution designed specifically for shops. This powerful new POS offering is ideally suited for a broad range of small and medium-sized retail businesses, including sporting goods, gift, boutique, beauty supplies, coffee shops, cafes, novelty and other stores. This press release features multimedia. View the full release here: https

      6/10/25 8:30:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Global Payments and Sage Launch Embedded Vendor Payments Solution

      New offering streamlines B2B payables for finance teams using Sage Intacct Global Payments Inc. (NYSE:GPN) announced today that its MineralTree business, which provides modern, secure, easy-to-use accounts payable (AP) and payment automation solutions, and Sage, a leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launched a vendor payments solution built directly within Sage Intacct. The solution, Vendor Payments powered by MineralTree, gives finance teams a seamless way to pay vendor bills without ever leaving their Sage Intacct instance. The new solution is designed for ease, security and control, addressing the complexity of managin

      6/4/25 9:05:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Acrisure Acquires Payroll Business from Global Payments for $1.1 Billion to Expand its Fintech Product Offering

      Addition of new payroll, HR and billing technology further enhances Acrisure's position as a global fintech leader Acrisure today announced the signing of a definitive agreement to acquire Global Payments' (NYSE:GPN) payroll business, Heartland Payroll Solutions ("Heartland Payroll"), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure's current payroll and HCM capabilities and advance its mission to become the preeminent fintech solutions provider for millions of small and medium-sized businesses do

      5/28/25 7:11:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP, Chief Accounting Officer Sheffield David M covered exercise/tax liability with 1,211 shares, decreasing direct ownership by 6% to 18,939 units (SEC Form 4)

      4 - GLOBAL PAYMENTS INC (0001123360) (Issuer)

      7/2/25 4:02:45 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Chief Executive Officer Bready Cameron M exercised 3,780 shares at a strike of $55.92 and covered exercise/tax liability with 3,183 shares, increasing direct ownership by 0.21% to 287,187 units (SEC Form 4)

      4 - GLOBAL PAYMENTS INC (0001123360) (Issuer)

      6/30/25 4:48:50 PM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Chief Executive Officer Bready Cameron M covered exercise/tax liability with 2,307 shares, decreasing direct ownership by 0.80% to 286,590 units (SEC Form 4)

      4 - GLOBAL PAYMENTS INC (0001123360) (Issuer)

      6/3/25 4:22:33 PM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Truist initiated coverage on Global Payments with a new price target

      Truist initiated coverage of Global Payments with a rating of Hold and set a new price target of $79.00

      6/2/25 8:52:26 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Global Payments downgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts downgraded Global Payments from Outperform to Sector Perform and set a new price target of $86.00

      4/25/25 8:29:56 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Global Payments downgraded by Wolfe Research

      Wolfe Research downgraded Global Payments from Outperform to Peer Perform

      4/23/25 8:13:55 AM ET
      $GPN
      Business Services
      Consumer Discretionary

    $GPN
    Financials

    Live finance-specific insights

    See more
    • Global Payments Reports First Quarter 2025 Results

      First quarter 2025 GAAP diluted earnings per share (EPS) of $1.24, an increase of 2%, and adjusted EPS including share-based compensation expense of $2.69, an increase of 11% constant currency. Adjusted EPS excluding share-based compensation expense of $2.82 First quarter 2025 GAAP revenue of $2.41 billion, approximately flat, and adjusted net revenue of $2.20 billion, an increase of 5% constant currency ex-dispositions Reaffirms outlook for 2025 Accelerates long-term growth strategy and unlocks shareholder value with previously announced agreements to acquire Worldpay and divest Issuer Solutions Global Payments Inc. (NYSE:GPN) today announced results for the first quarter ended Ma

      5/6/25 6:55:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • Global Payments to Report First Quarter Results on May 6, 2025

      Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, will release first quarter financial results before the market opens on Tuesday, May 6, 2025. Global Payments' management will host a live audio webcast to discuss these results at 7:30 a.m. EDT on Tuesday, May 6, 2025. All interested parties may access the audio webcast via the investor relations page of the company's website at investors.globalpayments.com. A replay of the audio webcast will be archived on the company's website following the live event. About Global Payments Global Payments Inc. (NYSE:GPN) is a leading payments technology company delivering innovative software an

      4/25/25 8:30:00 AM ET
      $GPN
      Business Services
      Consumer Discretionary
    • FIS Announces Sale of Worldpay Stake and Strategic Acquisition of Global Payments' Issuer Solutions Business

      Acquisition of Global Payments' Issuer Solutions business (Issuer Solutions) strengthens FIS' position as a scaled fintech leader with global reach and a best-of-breed product suite Issuer Solutions' credit processing offering will extend FIS' value proposition and drive long-term expected revenue synergies in excess of $125 million annually Acquisition is expected to be accretive to Adjusted EBITDA margins, Adjusted EPS and Adjusted Free Cash Flow in the first 12 months, and unlock net EBITDA synergies of more than $150 million by year three Transaction accelerates monetization of Worldpay stake with sale to Global Payments for $6.6 billion in pre-tax value Sale of Worldpay and ac

      4/17/25 6:30:00 AM ET
      $FIS
      $GPN
      Business Services
      Consumer Discretionary