M&A Deal Summary

Q2 Holdings Acquires Centrix Solutions

On July 31, 2015, Q2 Holdings acquired information technology company Centrix Solutions for 20M USD

Acquisition Highlights
  • This is Q2 Holdings’ 1st transaction in the Information Technology sector.
  • This is Q2 Holdings’ 2nd largest (disclosed) transaction.
  • This is Q2 Holdings’ 1st transaction in the United States.
  • This is Q2 Holdings’ 1st transaction in Nebraska.

M&A Deal Summary
Date 2015-07-31
Target Centrix Solutions
Sector Information Technology
Buyer(s) Q2 Holdings
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Centrix Solutions

Lincoln, Nebraska, United States
Centrix Solutions, Inc. is a provider of IT solutions to financial institutions with products that detect fraud, manage risk and simplify compliance.

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Buyer(S) 1

Buyer

Q2 Holdings

Austin, Texas, United States
Category Company
Founded 2004
Sector Software
Employees2,312
Revenue 625M USD (2023)
DESCRIPTION

Q2 Holdings is a provider of secure cloud-based virtual banking software solutions. Q2 Holdings was founded in 2004 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 6
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 6
State (Nebraska) 1 of 1
Country (United States) 1 of 5
Year (2015) 1 of 2
Size (of disclosed) 2 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 SmartyPig

West Des Moines, Iowa, United States

SmartyPig LLC (dba Social Money) is a financial services software company that offers a modern cloud-based platform that assists financial institutions in their direct digital strategies.

Buy $11M
Mergr

Product

Company

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