Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination

Global Payments Acquires Worldpay from GTCR and FIS in $24.25 Billion Three-Way Transaction

April 17, 2025

Payments & Fintech

Global Payments (NYSE: GPN) completed the acquisition of Worldpay for $24.25 billion in cash and stock as part of a three-way transaction that also involved FIS. Under the deal, GTCR and FIS sold Worldpay to Global Payments while FIS simultaneously acquired Global Payments’ Issuer Solutions business (formerly TSYS).

Foley Trasimene Acquisition Corp. II Combines with Paysafe

December 7, 2020

Payments & Fintech

Foley Trasimene Acquisition Corp. II has entered into a definitive merger agreement to combine with Paysafe Group Holdings Limited, creating a publicly listed Paysafe (PSFE) with an implied pro-forma enterprise value of approximately $9 billion. The transaction includes a $2.0 billion private placement (PIPE) from multiple institutional and private investors and is intended to de-lever the company and accelerate Paysafe's growth and M&A strategy.

Payoneer Acquires Easylink Payment Co., Ltd.

April 9, 2025

Payments & Fintech

Payoneer has completed its acquisition of China-based licensed payment service provider Easylink Payment Co., Ltd., making Payoneer one of the few foreign platforms licensed to provide online payment services in China. The deal strengthens Payoneer's regulatory footprint and local capabilities in China to better serve SMBs with localized cross-border payment products.

Payroc Merges with Payscape, NXGEN International and BluePay Canada; Sponsored by Parthenon Capital

October 27, 2019

Payments & Fintech

Payroc LLC has entered into a definitive agreement to merge with Payscape, NXGEN International and BluePay Canada in a Parthenon Capital‑sponsored transaction that creates a global merchant acquirer and payment facilitator operating in 46 countries. The combined company will operate under an enhanced Payroc brand, serving more than 55,000 merchants, processing roughly $23 billion in annual bankcard volume and employing more than 1,000 people across the U.S., Canada and international markets.

Paya (GTCR-backed) Acquires The Payment Group from Thompson Street Capital Partners

October 1, 2020

Payments & Fintech

Atlanta-based payments provider Paya, backed by private equity firm GTCR, has acquired The Payment Group (TPG) from Thompson Street Capital Partners for $21 million. The acquisition strengthens Paya’s government and utilities payments footprint—notably expanding its presence in Texas—and brings TPG’s ~600 municipal customers onto Paya’s platform.

Payoneer Acquires Skuad

August 8, 2024

Staffing & HR

Payoneer has acquired Singapore-based employer-of-record and global payroll provider Skuad for $61 million in cash plus up to $20 million in potential earnouts (cash and equity). The acquisition brings Skuad’s global workforce and payroll capabilities — operating in 160+ countries and founded in 2019 — into Payoneer’s financial stack to strengthen its offerings for SMBs, freelancers and companies hiring internationally.