Q2 Holdings acquired Social Money (Smarty Pig, LLC) for $10.7 million (cash), a transaction announced in November 2015.
Acquired the Iowa-based cloud platform provider (operating as Social Money) that helps financial institutions run direct-to-consumer digital strategies. Consideration was approximately $10.7 million in cash plus a $2.5 million 18-month hold-back.
Acquired the Iowa-based cloud platform provider (operating as Social Money) that helps financial institutions run direct-to-consumer digital strategies. Consideration was approximately $10.7 million in cash plus a $2.5 million 18-month hold-back.
Advisory firms were not disclosed for this transaction.