Q2 Holdings completed the acquisition of PrecisionLender for $510m.

Q2 Holdings, a provider of digital transformation solutions for banking and lending, completed the acquisition of PrecisionLender, a commercial banking software developer, for $510m. “The combination of PrecisionLender, Cloud Lending and our expanding corporate banking capabilities position Q2 as the leader in digital transformation solutions for commercial banking. We are excited to help our customers use our combined data insights to build lasting relationships with their customers and are thrilled with the outstanding leadership, culture and talent that PrecisionLender will bring to the Q2 family,” Matt Flake, Q2 CEO.