First Data Corporation

First Data Corporation

First Data Corporation

Overview
Date Founded

1989

Headquarters

5565 Glenridge Connector NE, Suite 2000, Atlanta, GA, 30342

Type of Company

Public

Employees (Worldwide)

19K

Industries

IT Consulting & Services
Other Business & Consulting Services
Accounting & Financial Services
Internet Software & Services

Company Description

First Data Corp. engages in the provision of commerce-enabling technology and solutions; and payment technology and services. It operates through the following segments: Global Business Solutions; Global Financial Solutions; and Network and Security Solutions. The Global Business Solutions segment provides retail point-of-sale merchant acquiring and eCommerce services. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, such as credit and retail private-label card processing; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. The Network and Security Solutions segment provides EFT network solutions, such as STAR Network and debit card processing solutions. The company was founded in 1971 and is headquartered in New York, NY.

Contact Data
Trying to get in touch with decision makers at First Data Corporation? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

President

Executive Vice President & Chief Financial Officer

Executive Vice President & General Counsel

Chief Information Officer

Chief Control Officer

Executive Vice President, Corporate Controller & Chief Accounting Officer

Executive Vice President, Co-Head of Global Financial Solutions, Head of Institutional Sales

Executive Vice President, Head of Network & Security Solutions

Executive Vice President & Head of Global Business Solutions

Board of Directors

Managing Partner at Trenton Thunder

Co-Founder at KKR & Co., Inc.

Founder at The Swarthmore Group, Inc.

Co-President & Co-Chief Operating Officer at KKR & Co., Inc.

Professional at Axis Capital Holdings Ltd.

Member & Head of Financial Services & Hospitality & Leisure at Kohlberg Kravis Roberts & Co. LP

Advisor at Cantor Fitzgerald LP

Professional at HSBC Holdings Plc

Paths to First Data Corporation
Potential Connections via
Relationship Science
You
First Data Corporation
Owners & Shareholders
Details Hidden

GCM's investment process focuses on deep, fundamental research and individual security selection primarily within equity and credit-oriented strategies. The firm employs a GARP investment approach that focuses on companies in stable industries, with recurring revenue streams or entrenched market positions. GCM may also focus on contrarian investments (cyclical or company specific). They often combine GARP and contrarian investing when a steady growth business emerges within a company as the dominant economic force over a more challenged business unit. GCM invests in stored or hidden value situations, where excess balance sheet capacity may be used to accelerate returns or where contractual rights or startup operations show no present value but may be significant drivers of value tomorrow. In addition to long equity investments, GCM commits significant capital to short equity positions. They look for companies whose industries face cyclical, transitory or secular headwinds, whose competitive position is likely to erode over the near- to medium-term, and companies whose liquidity profile will potentially create equity value impairment or cause future issuance of additional equity at lower prices. GCM may also maintain short positions in equity index futures or other index products to reduce net market risk. The firm also engages in long and short credit positions with emphasis on business or asset stability over growth. They may seek to reduce the risk through other hedges that protect the overall portfolio of the Funds, including interest rates, foreign currencies or sovereign, corporate or asset-backed credit spreads.

Details Hidden

SCM focuses primarily on publicly traded equities but they also believe they can add value by evaluating all levels of a company's capital structure and on occasion, will invest in a company's secured debt, unsecured debt, or preferred stock. The firm believes that non-equity securities and derivatives are often less volatile instruments and may present a more attractive risk/reward profile than simply investing in the common stock. They generally also use derivatives for hedging purposes. Asset valuation and bottom-up research drive SCM's investment decision making. The firm typically favors buying securities that are statistically cheap. The securities the funds own will often have some of the following valuation characteristics: low price to earnings ratio, low price to cash flow, low price to book value, or low price to sales. A careful, detailed evaluation of a company's business model, growth prospects, management team, and financial statements typically drives SCM's investment approach on the short side.

Details Hidden

Founded in 1997, the Canada Pension Plan Investment Board is a professional investment management organization based in Toronto with additional offices in London and Hong Kong. The firm is also known as the CPP Investment Board. They manage the investments of the Canada Pension Plan (CPP).

Recent Transactions
Details Hidden

Innova Capital Sp zoo, Centrum Rozliczen Elektronicznych Polskie ePlatnosci SA purchase BillBird SA from First Data Corporation

Details Hidden

Fiserv, Inc. purchases First Data Corporation

Details Hidden

SIA SpA, F2i Fondi Italiani per le Infrastrutture SGR SpA, CDP Equity SpA (Private Equity) purchase First Data Corp. /Southeast Europe from First Data Corporation

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onKohlberg Kravis Roberts & Co. LP purchases First Data Corporation

Legal Advisor

Advised onKohlberg Kravis Roberts & Co. LP purchases First Data Corporation

Legal Advisor

Advised onKohlberg Kravis Roberts & Co. LP purchases First Data Corporation

Legal Advisor

Advised onFiserv, Inc. purchases First Data Corporation

Legal Advisor

Advised onFiserv, Inc. purchases First Data Corporation

Associate

Advised onFiserv, Inc. purchases First Data Corporation

Advisors & Consultants
Advisor

President & Managing Director at Morgan Stanley Investment Management, Inc.

Advisor

Professional at Alliance Data Systems Corp.

Real Estate Agent

Executive Vice President & Managing Director, Los Angeles West at Newmark Knight Frank

Clients

ZenPayroll, Inc. provides software for automating all payroll tax calculations and payments. It offers a software that guides users to process payroll, automatic tax filing, paystubs and pay history information solutions. The company was founded by Edward Kim, Tomer London and Joshua Reeves in 2012 and is headquartered in San Francisco, CA.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 210 branches in 146 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week.

Jack Henry Banking is a leading provider of the core and complementary solutions banks need to process financial transactions, automate business processes, and manage mission-critical information. Our original business line supports approximately 1,500 banks – ranging from de novo institutions to multi-billion dollar mid-tier banks – with three core systems and more than 100 complementary products and services. Symitar® Symitar is a leading provider of the core and complementary solutions credit unions need to process financial transactions, automate business processes, and manage mission-critical information. Symitar supports more than 750 credit unions of all asset sizes with two functionally distinct core systems and approximately 50 complementary products and services. ProfitStars® ProfitStars provides highly specialized products and services that financial services organizations of all sizes and diverse businesses outside the financial industry use to improve revenue and growth, mitigate and control financial and operational risks, and contain operating costs. ProfitStars provides approximately 65 products and services that have been implemented by more than 9,600 customers and enable Jack Henry & Associates to serve large nontraditional markets. Jack Henry & Associates' primary and sustainable competitive advantage is its company-wide commitment to provide premier service levels. Jack Henry is driven by a fundamental commitment to provide service levels that consistently exceed its clients’ expectations, and generate industry-leading client satisfaction and retention rates. Jack Henry & Associates maintains the focused work ethic and fundamental ideals fostered by its co-founders – Jack Henry and Jerry Hall. These fundamentals that have guided the company for more than three decades are: Do the right thing, Do whatever it takes, and Have fun. These simple but powerful tenets have enabled Jack Henry & Associates to prosper in an extremely competitive business environment, to provide rewarding professional opportunities for its more than 4,400 associates, to generate an impressive rate-of-return for its shareholders, and to establish a corporate culture that generates rewarding levels of client satisfaction and retention.

Key Stats and Financials As of 2018
Market Capitalization
$23.9B
Total Enterprise Value
$36.1B
Earnings Per Share
$1.05
Revenue
$9.5B
Net Profit
$1B
EBITDA
$3.01B
EBITDAMargin
31.71%
Total Debt
$17.6B
Total Equity
$7.04B
Enterprise Value Sales
3.8x
Enterprise Value EBITDAOperating
11.98x
TEVNet Income
35.92x
Debt TEV
0.49x
Five Year Compounded Annual Growth Rate Of Revenue
-2.55%
Three Year Compounded Annual Growth Rate Of Revenue
-6.04%
Non-Profit Donations & Grants
Political Donations
Investments
Details Hidden

CareCloud Corp. provides cloud-based healthcare information technology solutions. It offers revenue cycle management, practice management, electronic health records, patient engagement, healthcare analytics and mobile applications. The company was founded by Alberto C. Santalo in 2009 and is headquartered in Miami, FL.

Details Hidden

Software Aspects, Inc. provides secure commerce solutions. It specializes in the development, certification, and deployment of secure commerce solutions. The firms software products include Commerce Lab, and Commerce Marketplace unites software companies, service providers and distribution channels in a private-labeled end-to-end network delivering access to commerce services. The company was founded by Alfred Kahn IV and David S. Johnson in 2005 and is headquartered in Denver, CO.

Details Hidden

Resy Network, Inc. develops as an online mobile application for restaurants reservations. It builds operations software for the modern restaurant, using technology to redefine hospitality. The company was founded by Benjamin Leventhal, Gary Vaynerchuk and Michael C. Montero in 2014 and is headquartered in New York, NY.

Investors
Details Hidden

Investor at Gyft, Inc.

Details Hidden

Internet Initiative Development Fund engages in the provision of other financial services, except insurance and pension funding. The company was founded on May 14, 2013 and is headquartered in Moscow, Russia.

Details Hidden

Trilantic Capital Management (TCM) seeks opportunities to invest in companies that are looking for equity capital in North America and Western Europe. It targets companies with enterprise value of $100 million to $1 billion in North America and €100 million to €1 billion in Europe. It focuses on business services, consumer, energy and financial services in North America and Consumer & Leisure, TMT, Industrials, Business Services and Healthcare in Europe. It provides financing for management buyouts, recapitalizations, growth equity, corporate divestitures, backing management teams to create new business platforms, generational transitions with investment size of $50 to $250 million in North America and €50 to €150 million in europe. Their strategy is to make control or significant minority equity and equity-oriented investments. It also co-invests with other sponsors. It also takes board seat.

Suppliers
Apigee Corp. Internet Software & Services | Sunnyvale, CA

Apigee Corp. develops application programming interface platforms and predictive big data analytics technology. Its platforms include Gateway, Security, Analytics, Developer Portal, Operations, Platform Add Ons and Pricing. The company was founded by Ravi Chandra, Rajvir Singh, Jay Sethuram, Ravikrishna Cherukuri, Vikas Deolaliker and Meenakshi Singh on June 3, 2004 and is headquartered in San Jose, CA.

Ingenico Group SA Industrial Machinery & Manufacturing | Paris, IF

Ingenico Group SA acts as a seamless payment services provider. It provides smart, trusted and secure solutions whatever the channel, empowering in-store, on-line and mobile commerce. The company operates with three commercial brands: Ingenico Smart Terminals, Ingenico Payment Services and Ingenico ePayments. Ingenico Group was founded by Jean-Jacques Poutrel and Michel Malhouitre in 1980 and is headquartered in Paris, France.

Visa, Inc. Consumer Finance | Foster City, CA

Visa, Inc. engages in the provision of payment services. It also facilitates global commerce through the transfer of value and information among global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit card, credit card, prepaid products, commercial payment solutions, and global ATM. The company was founded by Dee Hock in 1970 and is headquartered in San Francisco, CA.

Competitors
Oracle Corp. Computer Software - Redwood Shores, CA

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes primarily in developing and marketing database software and technology, cloud engineered systems, and enterprise software products — particularly its own brands of database management systems. In 2018, Oracle was the third-largest software maker by revenue, after Microsoft and Alphabet. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software.

MasterCard, Inc. Consumer Finance - Purchase, New York

MasterCard is a technology company and payments industry leader. For more than four decades, we have been a driving force at the heart of commerce, making the global economy safer, more efficient, more inclusive and more transparent for all. Consumers, merchants, business partners and governments in markets around the world have reaped the benefits of our innovative products and solutions which, simply put, are designed to make life easier

JPMorgan Chase & Co. Retail & Commercial Banking - New York, NY

JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States by assets, and as of 2012, it ranks as the second largest bank in the world by assets with total assets of $2.509 trillion. It is a major provider of financial services, and according to Forbes magazine is the world's second largest public company based on a composite ranking. The hedge fund unit of JPMorgan Chase is one of the largest hedge funds in the United States. It was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co

Awards & Honors
Rank #249
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #249
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by First Data Corporation. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of First Data Corporation's profile does not indicate a business or promotional relationship of any kind between RelSci and First Data Corporation.
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/organization/first-data-corporation-5473
  • https://relationshipscience.com/organization/first-data-corporation-5473