Deluxe Corp. has acquired Hostopia.com Inc., a Canadian online marketing services firm for small and medium-sized businesses, for $124 million Canadian ($122.2 million.
The transaction is expected to close in the third quarter.
We are very excited with the prospect of providing Hostopia’s industry-leading, private-label web services to our small siness customers and collectively growing our product and service offerings as we move forward together,” said Lee Schram, CEO of Deluxe, in a statement.
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