Acrisure has announced the acquisition of a payroll business from Global Payments for $1.1 billion, aiming to broaden its fintech product portfolio.
The move underscores Acrisure’s strategic focus on expanding its financial technology services to better serve its clients and increase market competitiveness.
The acquired payroll business from Global Payments will enable Acrisure to strengthen its position in the rapidly growing fintech industry, offering integrated payment and payroll solutions.
This acquisition is expected to impact both companies’ customer bases, with Acrisure enhancing its service offerings and Global Payments focusing on core payment solutions.
Market analysts view this deal as a significant step for Acrisure, signaling its intent to become a major player in the fintech sector.
Next steps include integration processes, regulatory approvals, and potential further acquisitions to solidify Acrisure’s market presence in financial technology services.
