Deluxe
Deluxe acquires psprint
St. Paul, MN (Nasdaq) 28 July 2011
Deluxe Corporation (NYSE: DLX) announced today that it psprint the operating assets Net LLC, acquired in Oakland, Calif., provider of online printing services including custom graphic design, creating mailing lists and direct mail fulfillment.
? The acquisition accelerates our Web psprint-to-print covers and growth efforts with a major focus of our strategy to grow our service offerings for small businesses? Malcolm said McRoberts, senior vice president of small business services Deluxe. ? This is a great opportunity for us, our recent investments in Web-to-print space psprint with established systems and processes. The result is a workflow-best in class technology for small businesses, including psprint? S loyal and established customer base. Web to Print is a growing segment of the market and a natural extension of our products and services.
Deluxe
psprint bought $ 45 million in cash. The acquisition is expected to generate $ 15 million increase in sales later in the year 2011 and be neutral to diluted earnings per share after inclusion of transaction costs and expenses in connection with acquisition amortization.
About Deluxe
Inc.
Deluxe is a growth engine for small businesses and financial institutions. Four million small business customers access to the luxury s? Wide range of products and services, including personalized checks and forms, and Web site development and hosting, search engine marketing, logo design and business networking. For financial institutions, offers industry-leading programs in the deluxe controls, customer acquisition, compliance, fraud and profitability. Deluxe is one of the leading printer of checks and accessories that are sold directly to consumers. For more information, visit http://www.deluxe.com, or http://www.facebook.com/deluxecorp http://www.twitter.com/deluxecorp
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