FIS Sells Certegy Check Services Business Unit
September 04 2018 - 9:00AM
Business Wire
Key facts
- FIS sells Certegy Check Services to Variant Equity
Advisors.
FIS™ (NYSE: FIS), a global leader in financial services
technology, today announced it has sold substantially all of the
assets of its Certegy Check Services business unit to an affiliate
of Variant Equity Advisors, LLC, a U.S.-based investment management
firm focused on corporate divestiture transactions in a number of
industries, including data- and technology-based organizations.
The divestiture is consistent with FIS’ strategic focus on
providing software-based solutions to its financial institution,
corporate and other clients.
With the closing of this transaction on Fri., Aug. 31, the
Certegy Check Services business became an independently operated
company.
About FIS
FIS is a global leader in financial services technology, with a
focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, and outsourcing solutions.
Through the depth and breadth of our solutions portfolio, global
capabilities and domain expertise, FIS serves more than 20,000
clients in over 130 countries. Headquartered in Jacksonville, Fla.,
FIS employs more than 52,000 people worldwide and holds leadership
positions in payment processing, financial software and banking
solutions. Providing software, services and outsourcing of the
technology that empowers the financial world, FIS is a Fortune 500
company and is a member of Standard & Poor’s 500® Index. For
more information about FIS, visit www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday), LinkedIn
(linkedin.com/company/fis) and Twitter (@FISGlobal).
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version on businesswire.com: https://www.businesswire.com/news/home/20180904005410/en/
Ellyn Raftery, 904.438.6083Chief Marketing OfficerFIS Global
Marketing and Corporate
Communicationsellyn.raftery@fisglobal.comorPeter Gunnlaugsson,
904.438.6603Senior Vice PresidentFIS Investor
Relationspete.gunnlaugsson@fisglobal.com
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