Members

Login to access your exclusive member-only content and account information.

Section Highlights
Th Member Benefits Become a member
Th Member Search (1) Member search
Th Calendareventstraining (1) Calendar of events & training

Login

Forgot password? New user

Who we are

Key policy areas

Activity data

Newsroom

Not a member? Join us

  • Operate to the highest level of professional standards
  • Access authoritative industry research and data
  • Navigate the complex EU regulatory environment
  • Network and engage with industry leaders

For members

Member guides
Member networking events
External publications
ESG due diligence guide

Private equity in action - Case Study

Worldpay

Back to results
Country United Kingdom
Region London
Investor Advent International & Bain Capital
Download case study
Share

When Advent International and Bain Capital carved out Worldpay from RBS in 2010, the company had strong customer heritage, global scale and a first mover position in e-commerce, but it needed a new strategic direction and significant investment to improve its technology and customer offering. The private equity firms separated the business from its parent, in what was a highly complex process, helped management redefine Worldpay’s strategy, assisted with seven acquisitions and supported a significant technology investment programme. As a result, earnings grew 11% a year between 2012 and 2014. Worldpay went public in October 2015 with a market capitalisation of £4.8bn, making it the UK's fourth largest IPO ever. Worldpay was subsequently sold to Fidelity National Information Services in 2019, in a deal worth $43bn.

Ron Kalifa

Deputy Chairman

Worldpay

Independence and private ownership allowed us to become a global leader in payments through long-term investment in our technology, our people and our business. Quotation Marks Graphic
Worldpay-2.png
2,500

jobs created 2010-2015

>£1bn

investment in tech, M&A, people & products

What did the business need?

  • Assistance with separation from former parent RBS
  • Investment and expertise to develop technology
  • Strategic input to define a clear mission and broaden the product offering
  • Preparation for transition to public market ownership

How did private equity backing create lasting value?

  • Separated the business from its parent, creating an independent technology platform
  • Established a strategic blueprint for each division
  • Supported around £400m investment in new technology; invested around £300 in seven strategic acquisitions
  • Created new organisational structure and hired industry-leading talent to company and board
  • Supported product innovation

What outcomes did private equity investment achieve?

  • Created over 2,500 new jobs primarily in Europe between 2010 and 2015
  • Grew underlying earnings by 11% per annum
  • Built new stand-alone technology platform

More information

Worldpay

Advent International

Share

What can I do to manage cookies stored on my computer or phone?

You can accept or refuse cookies. Accepting cookies is usually the best way to make sure you get the best from a website.

Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.

Help on how to set and customise your cookie settings for your browser

How to manage cookies in Internet Explorer

Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.

How to manage cookies in Firefox

Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.

How to manage cookies in Chrome

Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.

How to manage cookies in Opera 

You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies

How to manage cookies in Safari

Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.

To manage cookies on your mobile phone please consult your manual or handbook.

Get more help about how cookies work with specific browsers.

What happens if I don't accept cookies?

If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.

What happens if I delete my cookies?

If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.

What happens if I change computers or mobile?

If you use a different device, computer profile or browser you will have to tell us your preferences again.

If you'd like to learn more about cookies in general and how to manage them, visit aboutcookies.org.

We can't be responsible for the content of external websites.

Opt-out of cookies

Login

Join today

This is for members only. To view in full login or join Invest Europe today.

Find out more

Who we are About private equity Become a member

This website use cookies. They do not track personal data and are not harmful to your computer. Learn more