Recent Updates — DLX
Deluxe Corporation reported second quarter 2026 results with revenue decreasing 4.2% to $499.3 million, while comparable adjusted revenue increased 2.6%. Net income was $19.2 million compared to $22.4 million in the prior year period, and comparable adjusted diluted EPS rose 6.1% to $0.87. The company updated its full-year 2026 guidance to include the Celero acquisition, projecting revenue of $2.095 to $2.12 billion and adjusted EBITDA of $455 to $475 million. Additionally, the Board approved a regular quarterly dividend of $0.30 per share, payable on September 1, 2026, to shareholders of record as of August 18, 2026. Deluxe Corporation operates in the payments and data services industry.
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.
Deluxe Corporation entered into an Equity Purchase Agreement and Plan of Merger to acquire Celero, involving a cash consideration of approximately $625 million. The transaction, which includes the acquisition of BlockerCo and the merger of Merger Sub with Celero, is expected to close in the third quarter of 2026 and will be financed through existing revolving credit and new debt financing. Deluxe Corporation is a provider of business and financial services, including check-related products and financial technology solutions.