Deluxe Acquires Celero Commerce for $625 Million
Deluxe has agreed to acquire payment-processing firm Celero Commerce in a cash deal valued at approximately $625 million. The acquisition is expected to be accretive to adjusted earnings per share (EPS) within the first year post-closing and supports Deluxe's strategy of shifting its revenue mix toward higher-growth Payments and Data segments.
Topics: corporate strategy data services payments