Worldpay, LLC, a provider of payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company.
The company will be overseen by leading private equity firm GTCR, with a 55% majority ownership interest, while FIS® (NYSE:FIS) will retain a 45% ownership interest. In conjunction with the closing of the sale, Charles Drucker has resumed his former role as CEO and will work to optimize performance and accelerate growth.
Worldpay plans to pursue strategic acquisitions across verticals and geographies to further enhance its ability to serve clients and expand its market opportunities. GTCR has committed an additional equity capital investment of up to $1.3 billion to pursue these opportunities.
“I couldn’t be more excited to help lead the…
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