Troutman Pepper Locke advised Deluxe, a Trusted Payments and Data company, in its acquisition of CheckMatch, a service that digitizes the delivery of paper checks. For more information, see the press release.
Consistent with Deluxe’s strategy, this acquisition will expand the Deluxe Payment Network (DPN) solution. The DPN solution digitally connects physical lockboxes across the Deluxe network, which helps to more efficiently process payments made to thousands of businesses across the U.S. By adding CheckMatch to the platform, Deluxe further extends the company’s digital payments scale, enabling potential revenue and cost synergies.
The Troutman Pepper Locke team that advised Deluxe was led by Steven Khadavi, Wallace Bao, Dave Wormser, Emma Teman, and Emily Newcomer.