---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-008790"
form_type: "8-K"
ticker: "DLX"
cik: "0000027996"
company_name: "DELUXE CORP"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:14:50.767306+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Deluxe sells web hosting & logo design ops to HostPapa for $42M

## Summary
- Aggregate base purchase price of $42M, with $31.4M at close and deferred payments.
- Transaction expected to close in Q1 2023, subject to customary conditions.
- Represents complete exit from web hosting and logo design market.
- Employees in sold businesses will transition to HostPapa at closing.

## SEC filing metadata
- accession: 0001104659-23-008790
- form_type: 8-K
- ticker: DLX
- cik: 0000027996
- company_name: DELUXE CORP
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27996/000110465923008790/0001104659-23-008790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27996/000110465923008790/tm235075d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-008790
- JSON: https://secwatch.observer/filing/0001104659-23-008790.json
- Plain text: https://secwatch.observer/filing/0001104659-23-008790.txt

## Key facts
- Material Agreements
  DELUXE CORP entered into Stock and Asset Purchase Agreement with HostPapa, Inc. valued at $42,000,000 (effective 2023-01-31).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: HostPapa, Inc.
  - Value: $42,000,000
  - Effective: 2023-01-31
  source text: On January 31, 2023, Deluxe Corporation, a Minnesota corporation (the “Company”), through its subsidiary, Deluxe Small Business Sales, Inc., a Minnesota corporation (“Seller”), entered into a Stock and Asset Purchase Agreement (the “Sale Agreement”) with HostPapa, Inc., an Ontario corporation (“Purchaser”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/27996/000110465923008790/0001104659-23-008790-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.