Deluxe’s $625 million all-cash acquisition of Celero Commerce, an omnichannel payment processing partner for small and mid-sized businesses and strategic partners, would lift Deluxe’s combined PAYMENTS and data businesses from 31% of total revenue in 2020 to a projected 57% in 2026 and rank the combined entity among the 10 largest non-bank merchant acquirers in the U.S. The deal is funded through an incremental $375 million Term Loan A from a five-bank syndicate led by BofA Securities and Deluxe’s existing revolving credit facility, with FT Partners serving as exclusive advisor to Celero, and is expected to close in Q3 2026 pending regulatory approval. Together, Deluxe and Celero processed approximately $70 billion in gross transaction volume in 2025, adding Celero’s $28 billion in volume to Deluxe’s existing $2 trillion-plus annual payment processing base.
Deluxe Looks to Buy Celero in a Bid to Bulk up in Payments
