Deluxe Corp. agreed to acquire Celero Commerce for approximately $625 million in cash. Celero provides fintech payment solutions to small and mid-sized businesses. This acquisition shifts Deluxe's focus toward high-growth payment and data services.
The combined entity would have processed roughly $70 billion in transaction volume in 2025. This scale positions Deluxe as one of the top 10 non-bank merchant acquirers in the U.S.
Deluxe projects its Payments and Data segments will constitute 57% of its 2026 revenue. These segments accounted for 31% of revenue in 2020. The transaction is expected to close in the third quarter of 2026.