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Payments sector ripe for M&A

Payments sector ripe for M&A

Payments. It might not sound like the most exciting of industries. But something about the sector has got major businesses – including Vantiv, Blackstone and CVC Capital Partners, among others – hot under the acquisitive collar. As we noted earlier in July, following Vantiv’s successful bid for payments giant Worldpay (WPG), the payments sector is being propelled forward by the global shift towards e-commerce. And, as consumers around the world continue to use cash less frequently, payments processors will only become more integral to everyday life. We appear to be witnessing consolidation across the payments industry – begging the questions, which company will be targeted next as a potential acquisition? And why would one want to acquire such a company? It seems fair to assume that the bidders for both Worldpay and, more recently, Paysafe (PAYS) anticipate further growth for the businesses going forward.

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