Deluxe sells Safeguard business for $25M; expected close Q1 2026

DELUXE CORP

Aggregate purchase price ~$25M; $12M at closing, balance in three annual installments.
Buyer is PFG-SG Operating Group LLC; PFG Ventures, L.P. guarantees financial obligations.
Transaction expected to close in first quarter 2026, subject to customary conditions.
Three-year non-competition and non-solicitation covenants for Seller Entities.
Customary representations, warranties, and indemnification provisions included.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

DELUXE CORP entered into Asset Purchase Agreement with PFG-SG Operating Group LLC valued at approximately $25 million, $12 million of which will be paid on the Closing Date and the remainder o (effective 2026-02-10).

Action: entry
Agreement: asset purchase
Counterparty: PFG-SG Operating Group LLC
Value: approximately $25 million, $12 million of which will be paid on the Closing Date and the remainder o
Effective: 2026-02-10

Exact text from the filing

On February 10, 2026, Deluxe Corporation (the “Company”) and certain of its subsidiaries (“Seller Entities”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) by and between the Seller Entities, the Company, PFG-SG Operating Group LLC (“Purchaser”), and PFG Ventures, L.P. (“Purchaser Parent”).

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DELUXE CORP filing history →

Source: SEC EDGAR

accession 0001104659-26-012727

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