Q2 Holdings acquired ClickSWITCH Holdings Inc. for $65.5 million (cash), a transaction announced in April 2021.
Acquired the privately-owned provider of digital account-switching solutions to offer end-to-end digital customer acquisition, onboarding and account switching. Consideration was approximately $65.5 million in cash (including a $1.0 million hold-back).
Acquired the privately-owned provider of digital account-switching solutions to offer end-to-end digital customer acquisition, onboarding and account switching. Consideration was approximately $65.5 million in cash (including a $1.0 million hold-back).
The acquisition will further enable the Company to offer end-to-end digital customer acquisition, onboarding, and account switching offerings.
Advisory firms were not disclosed for this transaction.