Worldpay Scoops Fintech Deal of the Year 2018 at TMT M&A Awards
LONDON and CINCINNATI, December 5, 2018 – Worldpay Inc. (NYSE: WP; LSE: WPY) a global leader in the payment technology industry, was recently awarded EMEA Fintech Deal of the Year 2018 at the TMT Finance M&A Awards ceremony held in London. Now in their fifth year, the TMT M&A Awards have become the global industry benchmark, recognizing outstanding deal making, advisory, financing and leadership activity in telecoms, media and technology.
Vantiv, Inc. completed its acquisition and subsequent merger with UK-listed Worldpay Group plc for £8bn in January 2018, valuing the combined business at £22.2bn. The deal was advised by Goldman Sachs, Barclays, Morgan Stanley, Credit Suisse and Centerview Partners.
The combination of the two companies has created a leading payments provider, uniquely equipped to power global integrated omni-commerce. Processing more than 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies, Worldpay, Inc. is helping merchants to navigate the increasingly complex global payments landscape and enabling clients to access new geographies and markets.
Mark Heimbouch, President and Chief Operating Officer of Worldpay, Inc. said: “We are honored to receive the Fintech Deal of the Year Award, which highlights the hard work and dedication of our teams who have brought together the new Worldpay creating a global leader in payments.
“With the rise of global eCommerce expected to surpass $4.6 trillion globally by 20221, the payments industry is changing fast and that creates opportunity for Worldpay. Our global footprint and an innovative integrated technology platform, as well as the complementary capabilities of the newly combined company have made us the global partner of choice for merchants looking to streamline their payments strategy.”
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global omni-commerce. With an integrated technology platform, Worldpay offers a comprehensive suite of products and services, delivered globally through a single provider. Worldpay processes over 40 billion transactions annually, supporting more than 300 payment types across 146 countries and 126 currencies. The company is focused on expanding into high-growth markets and customer segments, including global eCommerce, integrated payments and B2B. Visit us at worldpay.com.
1 Worldpay Global Payments Report 2018
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