Global Payments Completes Divestiture of Payroll Business

GPN
October 02, 2025
On October 2, 2025 Global Payments Inc. announced that it had completed the divestiture of its payroll business to Acrisure for $1.1 billion, finalizing a deal that had been announced earlier in the year. CEO Cameron Bready said the sale “is another important step in refocusing our strategy and simplifying our business,” noting that the transaction is part of a broader effort to streamline operations and sharpen the company’s focus on commerce solutions. Chief Financial Officer Josh Whipple added that the timing of the divestiture would create a modest headwind to reported adjusted net revenue growth for the merchant segment in the third quarter and a roughly 100‑basis‑point headwind for the full year. The divestiture follows the earlier sale of AdvancedMD in December 2024 and the announced divestiture of the Issuer Solutions business, underscoring Global Payments’ commitment to completing its transformation into a pure‑play commerce solutions provider. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.