Goodbody advises AIB Group plc (“AIB”) on agreement to sell its minority stake in AIB Merchant Services (“AIBMS”), to Fiserv, Inc. (“Fiserv”).

On the 6th of June 2025, AIB announced that it had reached an agreement to sell its minority stake in AIBMS to Fiserv. Goodbody Corporate Advisory advised AIB on the transaction alongside Barclays.

Founded in 2007, as a Joint Venture between AIB and Fiserv, AIBMS is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers. AIBMS has had a strong financial performance over the past number of years and is well-positioned for the future. Considering the evolution of the business and the strategic priorities of both AIB and Fiserv, AIB reached an agreement to sell its minority shareholding of 49.9% to its JV partner Fiserv.

The Transaction is expected to be completed later in 2025 subject to all relevant regulatory approvals and customary closing conditions.

This Transaction is a testament to Goodbody’s commitment to providing top-tier advisory services and innovative solutions tailored to the unique needs of our clients. Our team’s deep technology and financial services industry expertise, coupled with our advisory capabilities in large cap mergers and acquisitions (M&A), demonstrate our ability to offer differentiated investment banking solutions to our clients.