Intuit Sells Quicken To H.I.G. Capital
Mountain View-based Intuit said on Thursday that it has agreed to sell its Quicken business to private equity investor H.I.G. Capital. Intuit has been looking for a buyer for the business since August of 2015. Eric Dunn, head of Quicken, said he will continue to lead the business, and also is a "significant personal investor" in the transaction. Intuit's very first product was Quicken, which was the company's first product. Quicken had been introduced in 1983.
posted on Friday, March 4, 2016
Related companies:
Intuit
Related stories:
> Practice Fusion Adds Goines To Board
> Intuit Confirms Mint.com Buy
> Intuit Sells Intuit Financial Services To Thoma Bravo
> Intuit Sells Demandforce To Internet Brands
> Intuit Sells QuickBase To Welsh, Carson, Anderson & Stowe
silicontap.com Home