Global Payments Inc. · NYSE:GPN
Global Payments — Merger or Acquisition (April 2025)
15 slides from Global Payments's merger presentation, Apr 17, 2025
Slide 1: Creating a new Global Payments
Creating a new Global Payments Pure play commerce solutions provider April 17, 2025
Slide 2: Forward-looking statements
Forward-looking statements This presentation 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
Slide 3: Global Payments Merchant Solutions
Global Payments Merchant Solutions Today (1) Tomorrow (2) Adjusted Net Revenue Adjusted Net Revenue ~$7B ~$12.5B Adjusted EBITDA / % margin Adjusted EBITDA / % margin ~$4B / 52% ~$6.5B(3) / 51%(3) Transaction volume Transaction volume ~$1T ~$4T (1) Metrics are based on Merchant Solutions for 2025E;
Slide 4: Positioning Global Payments for the future
Positioning Global Payments for the future Acquiring Divesting Issuer Solutions Creates a leading global pure Simplification of business play commerce solutions model allows for provider across the merchant sharpened strategic spectrum focus Expands ecommerce, enterprise, and integrated Opportunity f
Slide 5: Transaction rationale
Transaction rationale Leading pure play Enhances Global presence Compelling Value in commerce products and and distribution synergies creation solutions capabilities at scale • Simplifies Global • Increased exposure • Expands global • Significant revenue • Exceptional financial Payments as a pure to hi
Slide 6: Transaction structure
Transaction structure ● Transactions: ○ Divestiture of Issuer Solutions to FIS for cash and FIS’ stake in Worldpay ○ Acquisition of the remaining stake in Worldpay from GTCR for cash and stock in Global Payments (GTCR Transaction shares issued at $97.00 per share, translating into ~15% ownership) St
Slide 7: Exceptional financial profile and cash flow generation
Merchant Solutions Creates a leading Bolsters exposure Highly complementary Expands global global commerce to ecommerce and integrated & presence and solutions provider at enterprise with embedded solutions distribution for scale serving feature rich for software and leading SMB merchants of all pla
Slide 8: Worldpay overview
Worldpay overview Transactions Annually Merchants 55B 1.4M+ Global provider of payments technology Payments Enterprise Transaction Volume Clients with leading digital native capabilities $2.5T 500K+ Deep relationships and expertise across ecommerce and enterprise client base ~50% ecommerce & Enterpr
Slide 9: Diversified ecommerce solutions at scale
Diversified ecommerce solutions at scale Strategic Advantages Increased Exposure to ● Premier modern platform with extensive Attractive Verticals international reach and comprehensive local ● Digital, Media, & Education presence ● Government, Utilities, & Telco ● Strong partnerships with differentiat
Slide 10: Complementary solutions serving full spectrum of merchants
Complementary solutions serving full spectrum of merchants Merchant Solutions Merchant Solutions Leading software and commerce • Premier provider of digital • Delivering innovative Full Merchant • enablement solutions for 5M+ SMB native solutions for 500K+ solutions for 6M+ merchant Spectrum locatio
Slide 11: Pure play merchant solutions business at scale
Pure play merchant solutions business at scale Pro forma Geographic Mix* 2025E Revenue 2025E EBITDA (1) ~$12.5B ~$6.5B Merchants Countries 6M+ 175+ 78% 18% 4% Transactions annually Transaction Volume Americas EMEA Asia Pacific ~94B ~$4T Note: All metrics are pro forma for Global Payments Merchant Sol
Slide 12: Expense synergy opportunity
Expense synergy opportunity Key Assumptions ● Approximately $600M annualized run-rate Synergy Sources expense synergies ● Fully integrating into Global Payments’ new operating model Technology ● Majority of synergies driven by significant common expense areas ● Allows for combining best-in-class tech
Slide 13: Revenue synergy opportunity
Revenue synergy opportunity Merchant Solutions Brings extensive ecommerce capabilities to Global Payments’ SMB footprint Enhances distribution and provides attractive installed base for Global Payments’ leading SMB solutions, including Genius Expands integrated & embedded solutions for platform and
Slide 14: Disciplined capital allocation strategy
Disciplined capital allocation strategy 90%+ adjusted free cash flow conversion Merchant Solutions ~$7B of capital returns to shareholders from 2025 to 2027 Target net leverage of 3x within 18 to 24 months Significant capacity to invest in innovation Maintain steady dividend Committed to investment gr
Slide 15: The New Global Payments
The New Global Payments • Significant scale with $3.7T1 global transaction volume Global leader in commerce solutions • Diversification across the full merchant spectrum from SMBs to Enterprise Strengthened financial profile • Comprehensive portfolio of ecommerce and integrated & embedded solutions Sign