Transaction to be financed with a combination of secured and unsecured debt.Īnnounces preliminary first quarter 2021 results.
Product importer deluxe RARE pro#
Pro forma annual recurring revenue of more than $600 million from the combined Payments segment further establishes the company’s leadership within the payments sector.Įnables Deluxe to enter the attractive merchant services market, featuring high secular growth rates and recurring revenue, as a scaled player.Īdds leading merchant services technology platform and omni-channel solutions to open significant opportunities with independent software providers, small businesses, and financial institutions.Įxpands scale of and leverages Deluxe’s integrated sales and distribution system, which already supports thousands of financial institutions, millions of small businesses, and hundreds of the world’s leading brands.
transformation and largest transaction in company’s 106-year history.ĭoubles company’s Payments segment revenue while maintaining healthy margins and accelerating overall company growth through product innovation, cross-sell, and future acquisitions. All cash transaction of $960 million, representing major milestone in the company’s One Deluxe.
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