Deluxe agrees $625m acquisition of payment processor Celero

## /payments News and resources on payments systems, innovations and initiatives worldwide. #### Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. # Deluxe agrees $625m acquisition of payment processor Celero Deluxe, the company that invented the chequebook, has agreed a $625 million cash deal to buy payments processor Celero Commerce. 2 Likes019 June 2026 [Be the first to comment](https://www.finextra.com/newsarticle/47956/deluxe-agrees-625m-acquisition-of-payment-processor-celero#comments)  #### Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Celero is a processing partner for small to mid-sized businesses and strategic partners, providing an all-in-one suite of omnichannel payment options. Founded in 1915, Deluxe is still one of the US's largest paper chequebook producers. The Celero deal fits with a transformation strategy to shift its revenue mix towards higher growth payments and data segments. Together, Deluxe and Celero processed approximately $70 billion in gross transaction volume in 2025, making the combined Company a top 10 non-bank merchant acquirer. Post-closing, the combined payment and data businesses are expected to increase to 57% of 2026 revenues on a proforma basis, compared to 31% in 2020. Celero will also help Deluxe modernise its payment technology infrastructure, bring together complementary go-to-market capabilities and expand customer reach through a broadened and diversified network of bank, software, independent partner and direct sales channels. “Adding Celero immediately accelerates our transformation and shifts our revenue mix decisively towards our growing Payments and Data segments. Celero has loyal customers, partners, and employees, as well as strong financials and corporate culture, all of which are a natural fit with Deluxe,” says Barry McCarthy, president and CEO, Deluxe. The definitive agreement is subject to regulatory approvals and includes certain seller transaction expenses and other adjustments. **Want to hear more about financial crime prevention? Why not consider attending Finextra's NextGen FinCrime event in London on 8 July 2026. Find out more at [nextgenfincrime.com](https://www.nextgenfincrime.com/).** [Sponsored\\ \[EBAday Survey Report\] The New European Payments Landscape: Navigating Change in 2026 and Beyond](https://www.finextra.com/banners/banner.aspx?opt=ad&baid=8104) 2 Likes ## Share ### Related Company [Deluxe Corporation](https://www.finextra.com/company-news/1594/deluxe-corporation) ### Channels [/retail banking](https://www.finextra.com/channel/retail) [/payments](https://www.finextra.com/channel/payments) ### Keywords [mergers and acquisitions](https://www.finextra.com/keywords/mergers?news=selected) ## Comments: (0) [Sign in to comment](https://www.finextra.com/community/login.aspx?returnurl=%2fnewsarticle%2f47956%2fdeluxe-agrees-625m-acquisition-of-payment-processor-celero) #### Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.  Watch our market data ##### 4,000 data feeds \| 75 data providers. [Find out more](https://bit.ly/4soedrm)  Explore our Stock Stories ##### 50-page reports in 30 second summaries [Discover Finextra Pro](https://bit.ly/3N5W16R) [Finextra PromotedBusiness@EBAday 2026 - Event Supplement](https://www.finextra.com/banners/banner.aspx?opt=ad&baid=8102) ### FINX-100 gainers Top 5 FINX-100 gainers **\- 30 days** SEZL59.39PAYO46.25HOOD40.18ZIP29.78SNEX25.46 ### FINX-100 losers Top 5 FINX-100 losers **\- 30 days** INTU-33.77MSTR-32.47BLSH-32.23CRCL-27.97FUTU-26.62 For more market intelligence, data, prices and filings, use [Finextra Pro](https://bit.ly/4rFADEF). Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our [Cookie Centre](https://www.finextra.com/about/cookie-centre.aspx). Please read our [Privacy Policy](https://www.finextra.com/about/privacy-policy.aspx). [Accept](https://www.finextra.com/newsarticle/47956/deluxe-agrees-625m-acquisition-of-payment-processor-celero#)