Deluxe Agrees To Sell Safeguard Business And Network Of Distributors, Offering Printed And Other Promotional Solutions Offerings, To Proforma; Terms Undisclosed

Deal signals company's continued focus on Payments and Data

Today, Deluxe (NYSE:DLX), a Trusted Payments and Data company, announced that it has agreed to the sale of its Safeguard business and network of distributors, offering printed and other promotional solutions offerings, to Proforma, a proven leader in the printing and promotional industry. The transaction is expected to close in the coming weeks, subject to the satisfaction of customary closing conditions.

For more than 60 years, Safeguard, through its network of distributors, has been providing printed and other promotional products, services, and expertise to business owners to help their businesses grow. Through innovation, dedication and a commitment to quality and integrity, Safeguard provides its customers with smart, scalable, promotional solutions that help them both run and grow their business.