Global Pmts Inc Stock Price, News & Analysis

Global Payments announced the launch of Vendor Payments powered by MineralTree, a new embedded payment solution integrated directly within Sage Intacct. This collaboration between Global Payments' MineralTree business and Sage aims to streamline B2B payables processes for finance teams. The solution enables payments through ACH, virtual card, and check directly from customers' existing bank accounts, offering features like direct debit funding, multi-entity support, and real-time payment status visibility. Key benefits include cash-back rebates on virtual card spending, faster payment settlement, and elimination of system-switching and syncing delays. The integration addresses common pain points in accounts payable such as fragmented tools and manual workflows, allowing finance teams to manage payments without leaving their Sage Intacct environment.

Acrisure has announced a definitive agreement to acquire Heartland Payroll Solutions from Global Payments (NYSE: GPN) for $1.1 billion. Heartland Payroll, serving over 50,000 clients, provides payroll solutions, HCM software, and business services. The acquisition will significantly expand Acrisure's payroll and HCM capabilities as part of its transformation into a comprehensive fintech platform.

Vince Lombardo, former President of North America Merchant Solutions at Global Payments, will join Acrisure as CEO of Heartland Payroll. The deal follows Acrisure's recent $2.1 billion funding round led by Bain Capital, which valued the company at $32 billion. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.

Global Payments (NYSE: GPN) has announced an agreement to sell its Payroll business to Acrisure for $1.1 billion. The company plans to use the after-tax proceeds to return capital to shareholders while maintaining leverage neutrality. This divestiture is part of Global Payments' transformation program announced at its September 2024 Investor Conference, following recent agreements to divest its Issuer Solutions business, acquire Worldpay, and the completed sale of AdvancedMD.

The transaction, expected to close in second half of 2025, includes a mutual referral agreement and long-term commercial partnership with Acrisure, allowing Global Payments to continue offering integrated human capital management and payroll solutions to its merchant customers. This strategic move aims to simplify the business and position Global Payments as a pure play commerce solutions provider.

Global Payments (NYSE: GPN) has unveiled a new brand identity and visual logo, marking a significant shift from multiple brands to a unified global presence. The company introduced a new rally cry – "Already on it" – alongside its brand refresh, emphasizing its focus on anticipating customer needs in delivering commerce enablement solutions.

The rebranding coincides with the launch of Genius, the company's new POS platform that consolidates Global Payments' POS products into an all-in-one configurable solution. The new logo features an arc and ping above the "g," symbolizing forward momentum and precision, while maintaining continuity with its previous design.

Global Payments (NYSE: GPN) has launched Genius, a new comprehensive POS platform that unifies all their POS products into a single, configurable solution. The platform debuts with two specialized versions: Genius for Restaurants and Genius for Retail.

Genius for Restaurants, launching May 17 at the National Restaurant Association show, will be available in the US and Canada, offering features like table management, waitlist, reservations, tableside payments, and loyalty programs. Genius for Retail will launch in June in the US, followed by Canada, Germany, Austria, and Czech Republic, providing inventory management, checkout, and marketing tools. A third version, Genius for Enterprise, targeting large QSR chains and venues, is planned for later in the year.

Global Payments (NYSE: GPN) announced that CEO Cameron Bready will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The presentation is scheduled for Tuesday, May 13 at 1:50 p.m. EDT in Boston, MA. Investors and interested parties can access the live webcast through the company's investor relations website at investors.globalpayments.com, where a replay will also be available after the event.

Global Payments (NYSE: GPN) reported its Q1 2025 financial results with solid performance. The company achieved GAAP diluted EPS of $1.24 (up 2%) and adjusted EPS of $2.69 (up 11% constant currency). GAAP revenue reached $2.41 billion (flat YoY), while adjusted net revenue was $2.20 billion (up 5% constant currency ex-dispositions). The company announced strategic moves including the acquisition of Worldpay and divestment of Issuer Solutions to become a pure-play merchant solutions provider. Global Payments maintained its 2025 outlook, projecting 5-6% constant currency adjusted net revenue growth and 10-11% constant currency adjusted EPS growth. The Board approved a dividend of $0.25 per share payable on June 27, 2025.

Global Payments (NYSE: GPN) has announced it will release its first quarter financial results for 2025 before market opening on Tuesday, May 6, 2025. The company's management team will host a live audio webcast at 7:30 a.m. EDT on the same day to discuss the quarterly performance. Interested parties can access the webcast through the investor relations section of Global Payments' website at investors.globalpayments.com. A recording of the webcast will be made available on the company's website after the event.

GTCR has announced the sale of Worldpay to Global Payments for $24.25 billion in a three-way transaction. The deal involves GTCR selling its 55% stake and FIS's 45% stake in Worldpay, while FIS will acquire Global Payments' Issuer Solutions business for $13.5 billion.

Under the agreement terms, GTCR will receive 59% cash and 41% stock consideration, resulting in 15% ownership of Global Payments' outstanding shares. The transaction follows GTCR's July 2023 acquisition of Worldpay's majority stake from FIS, where CEO Charles Drucker led initiatives to enhance global processing capabilities, launch innovative payment solutions, and strengthen fraud prevention offerings.

The transaction is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions. Both the Worldpay sale and Global Payments' Issuer Solutions business sale are cross-conditioned and will close simultaneously.