Cherry Tree advises Deluxe Corporation
Deluxe Corporation (NYSE: DLX) acquired MyCorporation, a provider of incorporation, compliance and other services to new businesses. Deluxe CEO Barry McCarty commented on the acquisition: “Capturing clients at business formation, we believe, will enable us to cross-sell existing products and services, such as logo design, web design, web hosting, e-mail marketing, payroll services and more.”
Deluxe Corp.is a leader in trusted tech-enabled solutions. Nearly 4.4 million small business customers access Deluxe’s wide range of products and services, including customized checks and forms, as well as incorporation services, logo design, website development and hosting, email marketing, social media, search engine optimization and payroll services. For our approximately 4,600 financial institution customers, Deluxe offers industry-leading programs in checks, data analytics and customer acquisition and treasury management solutions, including fraud prevention and profitability. Deluxe is also a leading provider of checks and accessories sold directly to consumers. For more information, visit www.deluxe.com.
Based in Calabasas, CA, MyCorporation provides online document filing services for small business clients. The company offers business services in the areas of incorporation, LLC formation, trademark and copyright services, as well as compliance services and business maintenance services. For more information, visit www.mycorporation.com.
About Cherry Tree & Associates
Cherry Tree & Associates is a private investment banking firm headquartered in Minneapolis, Minnesota. Founded in 1980, it specializes in M&A transactions for both buyers and sellers of middle market companies. Additionally, it conducts private placements for attractive, entrepreneurially-managed growth companies, provides strategic advisory services to CEOs and boards of directors, and prepares fairness opinions and other valuation services. For more information, visit www.cherrytree.com.