Transaction further accelerates company’s transformation toward growing Payments and Data segments
Deluxe, a trusted payments and data company, announced it has closed its acquisition of Celero Commerce, a financial technology company focused on optimized payment solutions for small to mid-sized businesses and strategic partners. The transaction was originally announced on June 18.
Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena
The acquisition marks a pivotal milestone in Deluxe’s ongoing strategic transformation, significantly expanding Deluxe Merchant Services and creating an increasingly scaled payment platform expected to process more than $70 billion of annual gross transaction volume and moving Deluxe toward top 10 of non-bank merchant acquirer status, based on Nilson reporting. As the company previously shared, the transaction is expected to be accretive to adjusted EPS in the first full year following the closing, including identification of more than $15 million in expected cost synergies, further expanding anticipated revenue and EBITDA margin growth trajectories.
“Acquiring Celero was an important strategic next step in our expansion as a major digital payments processor,” said Barry McCarthy, President and CEO of Deluxe. “The combination is expected to add more than 55,000 merchant relationships and 130 bank partners to our existing base, and we look forward to providing all of our customers and partners with the highest-touch merchant solutions service, deep distribution experience, and a fully scaled processing platform.”
The combined company is committed to a thoughtful integration process, ensuring uninterrupted service for partners and customers.
“I couldn’t be more excited about what this combination makes possible,” said Kevin Jones, CEO of Celero Commerce. “Our shared commitment to innovation, execution, and service creates a strong foundation for our customers and partners, and I’m confident the best is yet to come.”
Deluxe will provide updated information regarding its full-year 2026 guidance reflecting the closing of the Celero acquisition when it reports its second quarter 2026 financial results on Wednesday, August 5, 2026, and intends to hold an investor day conference in December of this year to expand on the integrated business and broader future of Deluxe.
Catch more Fintech Insights : Global FinTech Innovations Are Transforming Banking into Continuous Financial Guidance
[To share your insights with us, please write to psen@itechseries.com ]
