PFG-SG Operating Group LLC /
Deluxe Corporation
PFG-SG Operating Group to purchase Deluxe business assets
Source for the buyer and target: Deluxe Corporation
For the buyer and target.
“On February 10, 2026, Deluxe Corporation (the “Company”) and certain of its subsidiaries (“Seller Entities”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) by and between the Seller Entities, the Company, PFG-SG Operating Group LLC (“Purchaser”), and PFG Ventures, L.P. (“Purchaser Parent”).”
Published 10 Feb 2026
Open the sourceWhat happened
PFG-SG Operating Group LLC agreed to acquire specified assets associated with Deluxe Corporation’s business conducted under the Safeguard and Safeguard Business Systems brands. The transaction also includes the assumption of specified liabilities related to the assets. [01]
The aggregate purchase price is approximately $25 million, with $12 million payable at closing and the remainder in three equal annual installments. The transaction is expected to close in the first quarter of 2026, subject to closing conditions. [01]
The source
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PFG-SG Operating Group to purchase Deluxe business assets
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Open the sourceTimeline
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Expected close
“The transaction is expected to close in the first quarter of 2026, subject to closing conditions”
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