{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-185369","form_type":"8-K","ticker":"FIS","cik":"0001136893","company_name":"Fidelity National Information Services, Inc.","filed_at":"2023-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.221063+00:00","generated_at":"2026-06-13T09:47:43.536541+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"FIS to sell 55% stake in Merchant Solutions to GTCR for $17.5B enterprise value","bullets":["Enterprise value of $17.5B; FIS receives cash of ~$8.4B debt-financed distribution + $5.005B equity.","Up to $1B additional contingent consideration based on GTCR's returns exceeding thresholds.","Transaction subject to regulatory approvals (HSR, UK FCA, DNB) and other conditions; expected close by July 2024.","GTCR pays $770M reverse termination fee if deal fails due to its breach; financing commitments secured ($5.335B equity, $9.4B debt).","FIS retains 45% interest in JV; governance with 9-member board (3 from FIS); right to require IPO or sale after 4 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-185369","json":"https://secwatch.observer/filing/0001193125-23-185369.json","markdown":"https://secwatch.observer/filing/0001193125-23-185369.md","text":"https://secwatch.observer/filing/0001193125-23-185369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1136893/000119312523185369/0001193125-23-185369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1136893/000119312523185369/d514907d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T09:47:43.536541+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d97016f0c886a690a3b7b01f4e4a80a430402d9","claim":"Fidelity National Information Services, Inc. entered into Purchase Agreement with New Boost Holdco, LLC, GTCR W Aggregator LP, GTCR W Merger Sub LLC, GTCR W-2 Merger Sub LLC valued at Enterprise value of $17.5 billion; FIS receives $8.4 billion debt-financed distribution and $5.005 b (effective 2023-07-05).","evidence_excerpt":"On July 5, 2023, Fidelity National Information Services, Inc. (“ FIS ” or the “ Company ”) entered into a purchase and sale agreement (the “ Purchase Agreement ”) by and among the Company, New Boost Holdco, LLC, a Delaware limited liability company (the “ JV ”), GTCR W Aggregator LP, a Delaware limited partnership (“ Purchaser ”) and affiliate of GTCR, LLC (“ GTCR ”), GTCR W Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of Purchaser (“ Bank Debt Merger Sub ”), and GTCR W-2 Merger Sub LLC, a Delaware limited liability company and an affiliate of Purchaser (“ Bond Debt Merger Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1136893/000119312523185369/0001193125-23-185369-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"New Boost Holdco, LLC, GTCR W Aggregator LP, GTCR W Merger Sub LLC, GTCR W-2 Merger Sub LLC"},{"label":"Value","value":"Enterprise value of $17.5 billion; FIS receives $8.4 billion debt-financed distribution and $5.005 b"},{"label":"Effective","value":"2023-07-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}