First, Global Payments bought Heartland Payment Systems for $4.3 billion (details) in 2016. Then, Vantiv bought WorldPay (details) for $10.4 billion last year, and now in 2019 we are seeing the third mega payments acquisition.
2019 started with a bang – Fiserv acquired FirstData for $22 billion and shortly thereafter Fidelity National Services acquired the newly formed WorldPay (the resulting entity of Vantiv’s acquisition of WorldPay) for $34 billion.
The latest of 2019’s monster mergers is Global Payments merger with TSYS – a $21.5 billion deal – bringing 2019’s total to $77.5 billion. That’s just $2 billion shy of the entire GDP of Guatemala.