Deluxe Acquires First American Payment Systems for $960M

June 1, 2021

Deluxe Corporation agreed to acquire First American Payment Systems from Ontario Teachers' Pension Plan Board and Stella Point Capital for $960 million in an all-cash transaction. The deal expands Deluxe's merchant acquiring and omnichannel payments capabilities, bringing a large base of SMB merchants and enhanced payments technology into Deluxe's portfolio.

Targets
First American Payment Systems
Sellers
Ontario Teachers' Pension Plan Board, Stella Point Capital
Location
Texas, United States
Transaction Type
Buyout

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