Mergers & Acquisitions ·
Deluxe Corporation completed its acquisition of Celero Commerce on July 31, 2026, for an aggregate cash purchase price…
DLXDeluxe Corp
Deluxe Corporation completed its acquisition of Celero Commerce on July 31, 2026, for an aggregate cash purchase price of approximately $625 million. The transaction was funded through a new Refinancing Facility Agreement No. 2, which established a $400 million senior secured revolving credit facility and an $800 million senior secured term loan facility with JPMorgan Chase Bank as administrative agent. This acquisition expands Deluxe's merchant services platform to process over $70 billion in annual gross transaction volume and adds more than 55,000 merchant relationships. The deal is expected to be accretive to adjusted EPS in the first full year following closing, with anticipated cost synergies exceeding $15 million. Deluxe Corporation operates in the payments and data industry.