Mega Deals

Worldpay was acquired by Global Payments

Announced: January 2026 Deal Value: $24.3B

In January, Global Payments, headquartered in Georgia, agreed to acquire Worldpay for $24.3B. The transaction positions Global Payments as a pure‑play commerce solutions provider, serving clients ranging from small businesses to global enterprises.

Global Payments Worldpay

Total System Services was acquired by Fidelity National Information Services

Announced: January 2026 Deal Value: $13.5B

Also in January, Total System Services, based in Georgia, was acquired by FIS of Florida for $13.5B. The acquisition significantly expanded FIS’s consumer and commercial card data coverage, strengthening its data‑driven insights across card portfolios.

Fidelity National Information Services Total System Services

ClearWater Analytics was acquired by Permira and Warburg Pincus

Announced: June 2026 Deal Value: $8.4B at 10.1x EV/Revenue

In June, Clearwater Analytics, headquartered in Idaho, was acquired by a consortium made up of Permira of the United Kingdom and an investor group led by New York-based Warburg Pincus that includes Temasek along key support from Francisco Partners. The acquisition supports Clearwater's expansion into a front-to-back investment management platform with enhanced AI, analytics, and alternative asset capabilities.

Permira and Warburg Pincus Clearwater Analytics

OneStream was acquired by Hg

Announced: April 2026 Deal Value: $6.4B at 9.5x EV/Revenue

In April, OneStream, headquartered in Michigan, was acquired by United Kingdom-based Hg. The acquisition accelerates OneStream's AI-first strategy and expands its Finance AI capabilities, supporting its vision of becoming the operating system for the modern Office of the CFO. 

Hg OneStream

Key Transactions

Brex was acquired by Capital One

Announced: April 2026 Deal Value: $5.1B at 7.4x EV/Revenue

In April, Brex, a California-based AI-powered corporate finance and spend management platform, was acquired by Capital One Financial of Virginia. The acquisition enables Capital One to leverage AI-driven automation capabilities to help customers streamline financial workflows, reduce manual review processes, and improve spend management. 

Capital One Brex

Reap was acquired by Kraken

Announced: May 2026 Deal Value: $600M at 20x EV/Revenue​

In May, Reap, a Hong Kong-based digital payments and working capital management platform, was acquired by Kraken of California. The transaction expands Kraken’s B2B payments infrastructure, adding card issuance, cross-border payment, and stablecoin settlement capabilities while strengthening its presence in the Asia-Pacific market.

Kraken Reap

BitBank was acquired by SBI Holdings

Announced: June 2026 Deal Value: $289M

In June, Bitbank, a Japan-based cryptocurrency exchange and digital asset trading platform, was acquired by its Japanese peer SBI Holdings. The acquisition expands SBI’s digital asset platform by adding Bitbank’s customer base, exchange infrastructure, and regulatory capabilities, strengthening its position in Japan’s regulated cryptocurrency market.

SBI Holdings Bitbank

Growth and Exit Consulting

If you are aiming to learn about the key deals and valuations for data seurity companies, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.