---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-077164"
form_type: "8-K"
ticker: "DLX"
cik: "0000027996"
company_name: "DELUXE CORP"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:25:39.070627+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Deluxe closes sale of web hosting business at reduced price of $35.95M

## Summary
- Original purchase price of $42M reduced by $6.05M deferred payment; final price $35.95M.
- Transaction closed on June 29, 2023, with HostPapa, Inc. as purchaser.
- Sale includes equity interests of certain subsidiaries and assets of Deluxe's web hosting unit.
- Amendment executed June 26, 2023; deferred payment removed from consideration.

## SEC filing metadata
- accession: 0001104659-23-077164
- form_type: 8-K
- ticker: DLX
- cik: 0000027996
- company_name: DELUXE CORP
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27996/000110465923077164/0001104659-23-077164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27996/000110465923077164/tm2319988d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-077164
- JSON: https://secwatch.observer/filing/0001104659-23-077164.json
- Plain text: https://secwatch.observer/filing/0001104659-23-077164.txt

## Key facts
- Material Agreements
  DELUXE CORP amended Stock and Asset Purchase Agreement with HostPapa, Inc. valued at from $42,000,000 to $35,950,000 (effective 2023-06-26).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: HostPapa, Inc.
  - Value: from $42,000,000 to $35,950,000
  - Effective: 2023-06-26
  source text: On June 26, 2023, Seller and Purchaser entered into an amendment to the Sale Agreement to reduce the base purchase price for the transaction from $42,000,000 to $35,950,000 by removing a $6,050,000 post-closing deferred payment that would have been payable to Seller 365 days after the closing date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27996/000110465923077164/0001104659-23-077164-index.htm

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