TSYS (TSS) to Acquire TransFirst in $2.35B Deal

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Go back to TSYS (TSS) to Acquire TransFirst in $2.35B Deal

TSYS Reports 2015 Adjusted EPS Grew 25.5%

January 26, 2016 4:15 PM EST

Provides 2016 Adjusted EPS and Revenue Guidance

COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYSE: TSS) today reported results for the 2015 fourth quarter and full year.

We were especially pleased with our operational performance and 12.9% revenue growth in the fourth quarter. Our full year financial results for 2015 were outstanding and they marked the third year in a row of double digit growth in revenues, adjusted operating income and adjusted earnings per share, said M. Troy Woods, chairman, president and chief executive officer of TSYS.

We repurchased 3.0 million shares of our... More

TSYS to Acquire TransFirst to Establish Leadership Position in Merchant Solutions

January 26, 2016 4:15 PM EST

Transformative Acquisition Accelerates TSYS Growth Strategy

Enhances Scale and Scope as a Payments Platform

COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS® (NYSE: TSS), a leading global payment solutions provider, today announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading U.S. merchant solutions provider, in an all-cash transaction valued at approximately $2.35 billion.

TransFirst delivers merchant solutions to more than 235,000 small and medium-sized businesses in the U.S. through its proprietary technology, end-to-end customized and... More