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Stock impact report

Q2 Holdings Enters Definitive Agreement to Acquire PrecisionLender

Q2 Holdings, Inc. (QTWO) 
Last q2 holdings, inc. earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Business Wire
Expands Q2’s commercial banking solution offerings and total addressable marketLeverages actionable, real-time data to drive better outcomes and greater innovation for banksCombines world-class leadership, talent and cultures AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced a definitive agreement to acquire Lender Performance Group LLC (“PrecisionLender”) in a cash transaction valued at approximately $510 million, subject to certain closing conditions. Based in Charlotte, North Carolina, PrecisionLender is one of the fastest growing enterprise SaaS providers of data-driven sales enablement, pricing and portfolio management solutions for financial institutions (FIs) globally.PrecisionLender’s innovative data-driven platform is enhanced by Andi®, a digital enterprise coach powered by machine learning. PrecisionLender’s market-proven platform is used by approximately 150 bank Show less Read more
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