Deluxe Corporation has entered into an agreement to sell specified assets related to its "Safeguard" and "Safeguard Business Systems" brands to PFG-SG Operating Group LLC, with PFG Ventures, L.P. acting as guarantor. Under the terms of the agreement, the buyer will acquire the assets and assume certain related liabilities for a total purchase price of approximately $25 million. An initial payment of $12 million will be made at closing, with the remainder paid in three equal annual installments. The transaction is expected to close in the first quarter of 2026, subject to customary conditions. Both sides have agreed to customary covenants, including non-competition and non-solicitation commitments, and will enter into a transition services agreement at closing. The agreement also includes indemnification provisions and allows for termination if closing conditions are not met by April 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deluxe Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-012727), on February 10, 2026, and is solely responsible for the information contained therein.