Deluxe To Acquire Payment Solutions Provider For Small To Mid-Sized Businesses Celero Commerce For $625M
Benzinga Newsdesk 4 months ago
News
Advances revenue mix shift toward higher growth Payments and Data segmentsExpands presence across existing and new attractive merchant processing verticalsCombination expected to be accretive to adjusted EPS in first
- Advances revenue mix shift toward higher growth Payments and Data segments
- Expands presence across existing and new attractive merchant processing verticals
- Combination expected to be accretive to adjusted EPS in first year following closing, extending both revenue growth and adjusted EBITDA margin rates with clear path to ongoing de-leveraging
- No change required to dividend policy
- Drives further operating leverage potential for Deluxe Merchant Services via greater scale and deepened go-to-market distribution
- Unlocks significant identified cost synergy opportunities across the combined organizations
- DLX 2026 full-year guidance unchanged; to be updated post-closing, expected 3Q'26