Add-on Acquisition • Business Services

Deluxe Acquires Safeguard Business Systems

On March 27, 2004, Deluxe acquired business services company Safeguard Business Systems

Acquisition Context
  • This is Deluxe’s 1st transaction in the Business Services sector.
  • This is Deluxe’s 1st transaction in the United States.
  • This is Deluxe’s 1st transaction in Texas.

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M&A Deal Summary

Date March 27, 2004
Target Safeguard Business Systems
Sector Business Services
Buyer(s) Deluxe
Deal Type Add-on Acquisition

Target Company

Safeguard Business Systems

Dallas, Texas, United States
Safeguard Business Systems, Inc. is a provider of business management solutions for small businesses.
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Buyer Overview 1

Buyer

Deluxe

Minneapolis, Minnesota, United States

Category Company
Founded 1915
Sector Business Services
Employees4,981
Revenue 2.1B USD (2024)
DESCRIPTION
Entrance to Deluxe's corporate headquarters in Shoreview, Minnesota.
Entrance to Deluxe's corporate headquarters in Shoreview, Minnesota.

Deluxe provides a diversified range of products and services to businesses of all sizes. The Company's products and services include customized checks and forms, as well as website development and hosting, email marketing, social media, search engine optimization, and logo design. Deluxe was founded in 1915 and is based in Minneapolis, Minnesota.


Deal Context for Buyer #
Overall 1 of 22
Sector: Business Services 1 of 5
Type: Add-on Acquisition 1 of 20
State: Texas 1 of 2
Country: United States 1 of 19
Year: 2004 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-01 New England Business Services

Groton, Massachusetts, United States

New England Business Service, Inc. is a business-to-business direct marketing company.

Buy $587M