Deluxe Agrees to Sell Safeguard Business to Proforma

Deluxe Corporation -0.86%

Deluxe Corporation

DLX

27.67

-0.86%

Deluxe Corporation has agreed to sell its Safeguard business and distributor network, known for providing printed and promotional solutions, to Proforma. The deal is expected to close in the coming weeks, pending customary closing conditions. As part of the arrangement, Deluxe will continue to supply checks and printed products to Proforma and its distributors, supporting a smooth transition for customers. Both companies highlighted the opportunity to combine their strengths in the promotional solutions space and emphasized their shared commitment to innovation and customer service.

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: 20260211177809) on February 11, 2026, and is solely responsible for the information contained therein.