FIS Sells Certegy Check Services Business Unit

Key facts

• FIS sells Certegy Check Services to Variant Equity Advisors.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS™ (NYSE: FIS), a global leader in financial services technology, today announced it has sold substantially all of the assets of its Certegy Check Services business unit to an affiliate of Variant Equity Advisors, LLC, a U.S.-based investment management firm focused on corporate divestiture transactions in a number of industries, including data- and technology-based organizations.

The divestiture is consistent with FIS’ strategic focus on providing software-based solutions to its financial institution, corporate and other clients.

With the closing of this transaction on Fri., Aug. 31, the Certegy Check Services business became an independently operated company.

About FIS

FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 52,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.

Follow FIS on Facebook (facebook.com/FIStoday), LinkedIn (linkedin.com/company/fis) and Twitter (@FISGlobal).

View source version on businesswire.com: https://www.businesswire.com/news/home/20180904005410/en/

Ellyn Raftery, 904.438.6083
Chief Marketing Officer
FIS Global Marketing and Corporate Communications
[email protected]
or
Peter Gunnlaugsson, 904.438.6603
Senior Vice President
FIS Investor Relations
[email protected]

Source: Fidelity National Information Services

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• FIS Takes Two WatersTechnology Asia Awards, Validating Cloud-Native Approach to Capital Markets
• NorthstarMLS and REcore Introduce Project NexusRE™, Giving MLSs and Brokers More Visibility and Control over Listing Data in the AI Era
• Hippocratic AI Launches LLM Model Training Residency for Top Engineers Interested in Career-Shaping Work