Axios reported this week that Chicago-based GTCR is in late-stage negotiations with payments and software giant FIS to acquire a controlling interest in its London-based Worldpay property, a merchant payments processor. With a ballpark valuation over $15 billion, the deal could be one of the year’s largest private equity transactions. It would also give GTCR, which just raised $11.5 billion for its 14th flagship fund, its largest deal in company history.
FIS in Talks to Sell Worldpay to PE Firm GTCR
