Q2 Holdings - M&A Summary and Business Overview

SoftwareCompany

Q2 Holdings M&A Summary

Q2 Holdings has acquired 6 companies, including 2 in the last 5 years.

Q2 Holdings’ largest acquisition to date was in 2019, when it acquired Lender Performance Group for $510M. Q2 Holdings has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include internet software and services (50%) and software (34%).

Q2 Holdings Business Overview

Where is Q2 Holdings headquartered?

Q2 Holdings is headquartered in Austin, Texas.

What is Q2 Holdings’ revenue?

Q2 Holdings disclosed revenue of 696M USD for 2024 and 625M USD for 2023.

How many employees does Q2 Holdings have?

Q2 Holdings has 2,476 employees.

What sector is Q2 Holdings in?

Q2 Holdings is a software company.

When was Q2 Holdings founded?

Q2 Holdings was founded in 2004.

M&A Summary

M&A Total Activity6
- M&A Buy Activity6
Total Sectors Invested 3
Total Countries Invested 2
M&A Advisors 2

Q2 Holdings

Q2 Holdings, Inc.

10355 Pecan Park Boulevard,
Austin, Texas 78729
United States,
(833) 444-3469
www.q2.com

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.

M&A Summary

Buy vs Sell

Year		≤ '20	'21	'22	'23	'24	'25	T
Buy (0.4/yr)	#	4	1	1	-	-	-	6
Buy (0.4/yr)	vol	$541M						$541M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								6

Most Recent M&A

Company	Date	Value	Type
Sensibill, Inc.	2022-10-04	-	Add-on Acquisition
Toronto, Ontario · www.getsensibill.com
ClickSWITCH LLC	2021-04-01	-	Add-on Acquisition
Minneapolis, Minnesota · www.clickswitch.com
Lender Performance Group LLC	2019-10-01	510M USD	Add-on Acquisition
Charlotte, North Carolina · www.precisionlender.com
Cloud Lending, Inc.	2018-08-08	-	Add-on Acquisition
San Mateo, California · www.cloudlendinginc.com
SmartyPig LLC (dba Social Money)	2015-12-01	11M USD	Add-on Acquisition
West Des Moines, Iowa · www.socialmoney.com
Centrix Solutions, Inc.	2015-07-31	20M USD	Add-on Acquisition
Lincoln, Nebraska · www.centrixsolutions.com
View All >>

M&A by Sector

Sector	Buy #	Value	Sell #	Value
Internet Software and Services	3 (50%)	521M (96%)	-	-
Software	2 (33%)	-	-	-
Information Technology	1 (17%)	20M (4%)	-	-
Total	6	$541M	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		5	541M	-	-
	North Carolina	1	510M	-	-
	Nebraska	1	20M	-	-
	Minnesota	1	-	-	-
	Iowa	1	11M	-	-
	California	1	-	-	-
Canada		1	-	-	-
	Ontario	1	-	-	-
Domestic		5 (83%)	541M (100%)	-	-
Cross-border		1 (17%)	-	-	-
Total		6	$541M	-	-

Top M&A Advisors

Financial	Deals
Jefferies	1

Legal	Deals
DLA Piper	1

Deal Values

buy	#	Total
$100M to $1B	1	$510M
< $100M	2	$31M
TOTAL		$541M
Largest	Lender Performance Group LLC $510M (2019-10-01)

Company Summary

SECTOR

Software

Revenue

696 12%	2024
625 11%	2023
566 14%	2022
499 24%	2021
403 28%	2020
315 31%	2019
241 25%	2018
194 30%	2017
150 39%	2016
108 37%	2015
79 40%	2014
57 39%	2013
41	2012
(millions of USD)	Show More Show Less

Employees

2,476

Established

2004

Public

NYSE: QTWO

Former Name

CBG Holdings, Inc.

Investor History
2014-03-20
IPO

Adams Street Partners PE
2007-01-01
Venture

Adams Street Partners PE

Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

Get Full Access

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.7K Private Equity Firms
208K M&A Transactions
210K Companies Involved in M&A
(Buyer, Seller, or Target)
3.7K M&A Advisors
(Investment Banks and Law Firms)
81K M&A Contacts
(PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for Q2 Holdings

Software Companies

Related Lists for Software Companies

Largest Software Companies , Acquisitive Software Companies , Recently Acquired Software Companies , Recently Sold Software Companies , Private Software Companies , Public Software Companies , Acquired Software Companies , PE Backed Software Companies

Q2 Holdings - M&A Summary and Business Overview

SoftwareCompany