Announced
Completed
Financials
Tags
Software
software
United States
Private
Acquisition
Private Equity
Single Bidder
Domestic
Majority
Friendly
Completed
Synopsis
Aquiline Capital, a provider of private capital, completed the acquisition of a majority stake in Quicken, a personal finance software, from H.I.G. Capital. Financial terms were not disclosed. "Our team is dedicated to giving our customers the tools they need to confidently take control of their finances. I'm enormously proud of the company we've built together. We look forward to partnering with Aquiline, whose expertise in financial technology will help us continue to deliver on our mission of helping people lead healthier financial lives. We are also grateful for the support and partnership from H.I.G. Capital over the past five years, which allowed us to modernize the business by investing in our family of products and in growing our customer base," Eric Dunn, Quicken CEO.
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