Deluxe to buy Celero Commerce for $625M

2026-06-22

Deluxe agreed to acquire payments processor Celero Commerce for $625 million in cash, accelerating its shift away from legacy paper-check revenue and toward digital payments and data services. The combined company processed about $70 billion in gross transactions last year, which Deluxe says would make it one of the 10 largest non-bank merchant acquirers in the US.