Deluxe agrees to buy Celero Commerce for $625 million
Deluxe Corporation
Deluxe Corporation DLX | 0.00 |
- Deluxe agreed to buy payments fintech Celero Commerce for USD 625 million in cash, shifting its mix further toward payments and data solutions.
- Closing is expected in Q3 2026, subject to regulatory approvals and customary closing conditions.
- Funding includes USD 375 million of incremental Term Loan A financing led by BofA Securities, with the balance from its revolving credit facility.
- The combined payments and data businesses are projected to represent 57% of 2026 revenue on a pro forma basis, up from 31% in 2020.
- Celero generated more than USD 200 million of 2025 revenue with a 28% adjusted EBITDA margin; Deluxe expects over USD 15 million of cost synergies within 24 months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deluxe Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260618685127) on June 18, 2026, and is solely responsible for the information contained therein.
