About This Deal

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.

Deal Terms

Acquirer
Q2 Holdings
Target
Social Money (Smarty Pig, LLC)
Value
$10.7 million (cash)
Date
November 2015
Type
Full acquisition
Status
Completed

Transaction Details

Announced
November 30, 2015

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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