Overview of Transaction

• On June 18, 2026, Celero announced that it had entered into a definitive agreement to be acquired by Deluxe (NYSE: DLX), a trusted payments and data company, for $625 million in cash, plus payment of certain seller transaction expenses and other adjustments
• Founded in 2018 through the combination of established payments businesses, Celero is an industry-leading integrated payment processing partner offering high-tech, high-touch merchant solutions for small- to mid-sized businesses and strategic partners
• Celero combines a comprehensive, all-in-one suite of omnichannel payment solutions with dedicated, localized customer support to help drive growth and increase profitability
• Deluxe is a trusted payments and data company whose solutions help businesses pay, get paid, and grow; Deluxe’s powerful scale supports millions of small businesses, thousands of financial institutions, and hundreds of the world's largest consumer brands, while processing more than $2 trillion in annual payment volume

Significance of Transaction

• The transaction advances Deluxe's ongoing transformation strategy to shift its revenue mix toward higher-growth Payments and Data segments
• Together, Deluxe and Celero processed approximately $70 billion of gross transaction volume (GTV) in 2025, making the combined company a top-10 non-bank merchant acquirer; the combined company's scale creates opportunities to improve processing efficiency, spread fixed costs across a larger base, and enhance long-term operating leverage and margins

FT Partners' Role

• FT Partners served as the exclusive strategic and financial advisor to Celero
• The transaction highlights FT Partners' deep domain expertise in payments and transaction processing and follows a track record of landmark advisory roles across the sector