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New Deal


Announced

Completed

Aquiline Capital completed the acquisition of a majority stake in Quicken from H.I.G. Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

software

United States

Private

Acquisition

Private Equity

Single Bidder

Domestic

Majority

Friendly

Completed

Synopsis

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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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