'We're proud of the Quicken team's achievements and know they will continue to exceed expectations and lead the industry forward.' The results have been astounding,' said Justin Reyna, managing director at H.I.G. 'In 2016, we partnered with the Quicken team to transform the business by focusing on product quality, customer care and innovation. I am confident in the growth trajectory ahead as we work with the company to expand the range of innovative solutions it offers in the personal financial management space.' 'As a longtime Quicken user myself, I've seen firsthand the work Eric and the team at Quicken have put into building a compelling suite of products and services. 'Quicken is trusted by millions of customers, who rely on it to lead healthy financial lives,' said Vincenzo La Ruffa, president of Aquiline Capital Partners. Together with Aquiline, Quicken intends to invest in continued enhancements to its pioneering personal financial management offerings, including through collaboration and partnership with other leading fintech innovators. News & World Report, Investopedia, and PCMag, among others. Quicken and Simplifi have been recognized as leading products in the personal finance space by The New York Times' Wirecutter, Fast Company, U.S. Quicken's focus on helping people lead healthier financial lives enabled the company to drive growth to over 2 million active users and meaningfully increase its Net Promoter Score (NPS), annual sales volumes and average customer lifespan. Under Dunn's leadership, the company moved to a subscription membership program, modernized Quicken's user interface, introduced Quicken web and mobile companion apps, and launched Simplifi by Quicken, a modern personal finance app for digital natives. Dunn joined as CEO at the same time, leading the company through a period of significant transformation and growth. Capital, which acquired the company from Intuit Inc. 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.'Īquiline will purchase a majority stake in Quicken Inc. We are also grateful for the support and partnership from H.I.G. '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. I'm enormously proud of the company we've built together,' said Quicken CEO Eric Dunn. 'Our team is dedicated to giving our customers the tools they need to confidently take control of their finances. Financial terms of the deal were not disclosed. Aquiline, a New York- and London-based private investment firm with $6.9 billion in assets under management, has expertise investing in financial services and technology companies. Quicken CEO Eric Dunn will continue to hold an equity stake alongside other employees. ('Quicken'), maker of America's best-selling personal finance software, announced today that it has entered into a definitive agreement for Aquiline Capital Partners LLC ('Aquiline') to acquire a majority stake in the company.

Personal capital vs quicken