AcquisitionsAug 6, 2026, 09:32 AM
Deluxe to Acquire Celero Commerce for $625M; Q2 EPS $0.41
AI Summary
Deluxe Corporation announced its agreement to acquire Celero Commerce, a financial technology company, for $625.0 million in cash, with the transaction closing on July 31, 2026. This acquisition aims to expand Deluxe's payments and data businesses. Concurrently, Deluxe reported its second-quarter 2026 financial results, with total revenue decreasing to $499.3 million and diluted EPS falling to $0.41 compared to the prior year. For the first half of 2026, diluted EPS increased to $1.18, and the company also finalized the divestiture of certain assets from its Print segment for $22.8 million.
Key Highlights
- Deluxe entered an agreement to acquire Celero Commerce for $625.0 million cash.
- Q2 2026 total revenue decreased to $499.3 million from $521.3 million in Q2 2025.
- Q2 2026 diluted EPS was $0.41, down from $0.50 in Q2 2025.
- H1 2026 diluted EPS increased to $1.18 from $0.80 in H1 2025.
- Finalized divestiture of Print segment assets for $22.8 million net proceeds.
- Net cash provided by operating activities was $133.9 million for H1 2026.
- Long-term debt decreased to $1,352.2 million as of June 30, 2026.
Price Impact
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