|Traded as||NYSE: DLX
S&P 400 Component
|Founded||1915Saint Paul, Minnesota,|
|Headquarters||Shoreview, Minnesota, USA|
|Lee Schram, CEO|
|Products||Customized products, and services for financial institutions, small businesses and consumers|
|Revenue||$1.77 billion USD (2015)|
Number of employees
Deluxe Corporation is one of the largest check printers in the United States, and provides various personalized products and services to small businesses, financial institutions, and consumers. Some of the services available from Deluxe Corp are design services, website services, print marketing, promotional products, and fraud protection services.
Deluxe and its subsidiary brands including New England Business Services Inc. (NEBS), McBee (formerly Royal McBee) and Checks Unlimited. Deluxe is based in the St. Paul suburb of Shoreview, Minnesota and has 33 facilities in the U.S. and 3 locations in Canada to conduct its printing and fulfillment, call center, and administrative functions.
Deluxe Corporate was founded as Deluxe Check Printers in 1915 by W.R. Hotchkiss in Saint Paul, Minnesota. Hotchkiss was the creator of some important, speed-enhancing inventions, which included the Hotchkiss Imprinting Press (patented in 1925), a two-way perforator (perfected in 1925), and the Hotchkiss Lithograph Press (patented in 1928). He is also the creator of the first personal flat-pocket checkbook and holder. Deluxe was originally a check printing company, but experienced bottom-up innovation in the early 1900s and expanded into customer service for businesses.
In 1952, the Deluxe Corporation Foundation was created to contribute to charitable organizations. The company was privately held until 1965, by which time it was a pioneer in the new MICR check printing technology. By the 1980s, the company was facing reduced demand for its products and increasing competition. In 1988 the company incorporated and changed its name to Deluxe Corporation.
Deluxe shifted its focus from printing products to primarily business services in 2008. It launched an employee background-screening service called HireRight and expanded its service offerings through acquisitions. This included the purchase of Hostopia (web hosting), Logo Mojo (logo design), and PartnerUp (market intelligence). Deluxe continued expanding in 2011 with the acquisitions of online printing service PsPrint and web-based marketing firm OrangeSoda.
|1994||T/Maker||Computer software||T/Maker was acquired by Deluxe in 1994. It was an early personal computer software company. It later sold the software product lines of T/Maker to Broderbund.|
|2008||Hostopia||Website hosting||Deluxe purchased Hostopia in 2008, acquiring 400,000 clients.|
|2008||Logo Mojo||Logo design|||
|2008||PartnerUp||Market intelligence||Deluxe purchased PartnerUp for undisclosed amount in 2008. PartnerUp is a market intelligence firm that helps companies connect with other businesses, find executive candidates, and locate real estate and service providers.|
|2009||MerchEngines||Search engine marketing||Deluxe purchased MerchEngines in 2009 for a reported $30 million. The company was added as an online advertising platform.|
|2014||VerticalResponse||Email marketing||Deluxe purchased email marketing software company VerticalResponse for $27 million in cash.|
|2014||Wausau Financial Services||Financial services transaction processing||Deluxe purchased Wausau Financial for $90 million in cash. The company provides software products to manage receivables and remote deposits.|
|2016||180fusion||Digital marketing||Deluxe purchased the digital marketing company 180fusion for an undisclosed sum. 180fusion is a Google Premier Partner and provides SEO and PPC services and is part of the Inc. 5000.|
|2016||Liquid Web shared hosting||Web hosting||Deluxe purchased the shared hosting assets from LiquidWeb; LiquidWeb later acquired Rackspace's cloud sites web hosting unit. Liquid Web itself was not acquired.|
Deluxe Corp and its subsidiary brands are organized and operate within three business units: Small Business Services, Financial Services, and Direct Checks. The Small Business Services sector offers business checks, printed forms, promotional products, marketing materials, and related services and products. The Financial Services sector sells personal and business checks; check-related products and services; customer loyalty, retention, and fraud monitoring and protection services; and stored value gift cards to banks and other financial institutions. It also provides enhanced services, such as customized reporting, file management, and expedited account conversion support. The Direct Checks sector sells personal and business checks and related products and services.
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- John H. Harland Co. being acquired by M and F Worldwide Corp. must be approved by shareholders
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