Windsor Drake Market Intelligence
Transaction · B2B Payments · 2026

Deluxe acquires Celero Commerce

Deluxe acquired Celero Commerce for $625M on June 18, 2026.

Target
Celero Commerce
Acquirer
Deluxe
Deal value
$625M
Announced
June 18, 2026
Sub-sector
B2B Payments

Transaction overview

  • Deluxe announced the acquisition of Celero Commerce on June 18, 2026 for $625M.

Strategic rationale

Deluxe acquires Celero Commerce for $625M to expand SMB payments offering.

Deal terms & multiples

Deal value
$625M
Target revenue
$200M
Target EBITDA
Not disclosed
EV / Revenue
3.1x
EV / EBITDA
11.2x
Announcement
June 18, 2026
Acquirer
Deluxe (Strategic)
Sub-sector
B2B Payments

Sources

  • pymnts.com /partnerships/processor-acquisition/2026/deluxe-expand-payments-business-with-celero-acquisition/

Comparable transactions in B2B Payments

Primary Event type Counterparty Value Sub-sector Date
Moneris Transaction Francisco Partners B2B Payments August 10, 2026
Twin City Bancorp Transaction Darragh Buckley (Increase founder) B2B Payments July 30, 2026
OFX Transaction Equals B2B Payments July 30, 2026
Cawl (Worldline merchant services JV) Transaction Crédit Agricole B2B Payments July 6, 2026
Celero Transaction Deluxe $625M B2B Payments June 19, 2026
Expatica Transaction Wise B2B Payments June 18, 2026

Other deals by Deluxe

Primary Event type Counterparty Value Sub-sector Date
Celero Transaction Deluxe $625M B2B Payments June 19, 2026