US EditionGlobal Payments to Sell Payroll Unit for $1.1B
- Global Payments announced on Wednesday, 2025, that it will sell its payroll software business, Heartland Payroll Solutions, to Acrisure for $1.1 billion.
- This sale follows Global Payments' earlier divestitures of its issuer solutions and healthcare software businesses to streamline operations and focus on merchant payments.
- The transaction will position Heartland Payroll for future growth under Acrisure, which plans to rebrand the unit and expand its workforce while retaining all existing teams.
- Global Payments CEO Cameron Bready stated that the deal enhances their strategic priorities and enables increased investment in areas where the company holds a competitive advantage.
- The transaction, anticipated to finalize in the latter half of 2025 subject to regulatory clearance, will allow Global Payments to return capital to shareholders and continue offering payroll services through a strategic partnership with Acrisure.
13 Articles
13 Articles
Fintech startup Acrisure acquires Global Payments’ payroll unit for $1.1 billion - Tech Startups
Global Payments is unloading another piece of its business. The Atlanta-based payments giant announced Wednesday that it’s selling its payroll arm, Heartland Payroll Solutions, to fintech firm Acrisure for $1.1 billion. The move is the latest in a string of […] The post Fintech startup Acrisure acquires Global Payments’ payroll unit for $1.1 billion first appeared on Tech Startups.
Global Payments to Sell Payroll Division for $1.1 Billion | Fintech InShorts: Latest fintech news, analysis by experts
Strategic Move to Enhance Core Business Focus and Shareholder Value Highlights: Global Payments is divesting its payroll unit for $1.1 billion. The sale aims to sharpen the company’s focus on its core business areas. This strategic move is expected to enhance shareholder value. Global Payments has announced the sale of its payroll division for a significant $1.1 billion as part of a strategic initiative to concentrate on its primary business in…
Acrisure to Acquire Heartland Payroll Solutions for $1.1 Billion
Acrisure is acquiring Heartland Payroll from Global Payments for $1.1 billion, expanding its payroll and Human Capital Management (HCM) capabilities. The deal positions Acrisure as a full-stack fintech platform that will bundle services like insurance, compliance, billing, and payroll to drive retention and deepen client relationships. The deal is expected to close in the second half of this year. Fintech firm Acrisure announced today that it ha…
Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
Payment tech company Global Payments is selling its payroll business for $1.1 billion. Global Payments will divest payroll operations to Michigan-based FinTech Acrisure, according to a Wednesday (May 28) press release. “The divestiture of its payroll business is the latest step Global Payments has taken to further simplify its business and position the company as a leading pure-play commerce solutions provider for merchants of all sizes,” the re…
Acrisure acquiring global payroll platform for $1.1B
On the heels of a $2.1 billion capital raise, Grand Rapids-based fintech and insurance brokerage Acrisure LLC is spending $1.1 billion to acquire a global billing and payments provider. Acrisure said Wednesday it signed a definitive agreement to acquire Heartland Payroll Solutions, a payroll platform of Atlanta, Ga.-based Global Payments Inc.... Please login to read all 645 words.
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