Q2 Holdings to buy PrecisionLender for $510 mln

Q2 Holdings Inc said Oct. 1 that it agreed to buy Lender Performance Group, which is known as PrecisionLender. The deal is valued at about $510 million. Lender Performance is backed by Insight Venture Partners and Georgian Partners. PrecisionLender, of Charlotte, North Carolina, provides a pricing and profitability platform for commercial banks.

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