secwatch.observer — SEC 8-K summary
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Issuer:     DELUXE CORP (DLX)
CIK:        0000027996
Form:       8-K
Filed at:   2026-06-18T11:11:17+00:00
Accession:  0001104659-26-075414
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deluxe to acquire Celero Commerce for $625M cash; expects Q3 2026 close
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- All-cash deal for $625M plus seller expenses; financed via $375M Term Loan A and revolver draw.
- Expected to be accretive to adjusted EPS in first year post-close; cost synergies >$15M by 2028.
- Combined net leverage ~3.9x at close; target below 3.0x within 24 months; dividend policy unchanged.
- Celero 2025 revenue >$200M with 28% adjusted EBITDA margin and 90% unlevered FCF conversion.
- Deluxe reaffirms 2026 full-year guidance; updated guidance post-close; transaction expected 3Q'26.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27996/000110465926075414/0001104659-26-075414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27996/000110465926075414/tm2618004d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-075414

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