Leading Personal Finance Software Company Enters New Era with Renewed Focus on Product Quality and Customer Care; Launches New Budget Feature for Mac
MENLO PARK, Calif. – Apr. 5, 2016 – Quicken, the leading personal finance software that empowers consumers to easily manage their finances, today announces that H.I.G. Capital, a leading global investment firm, has completed its acquisition of the company. The backing by H.I.G. Capital, in a transaction which includes significant personal investments from Quicken executives, ushers in a new era of growth and development for the company. Effective March 31, 2016, Quicken began operating independently from Intuit Inc.
Looking forward, the new Quicken will continue to serve its millions of customers with the products they know and trust. The new ownership will enable important expansion of Quicken product development and customer support capabilities. In product development, the company is now doubling the size of its Mac engineering team and is expanding the feature set for Mac and mobile customers. The company also extends its commitment to modernize and improve the robustness and resiliency of Quicken for Windows. In customer care, Quicken is providing a renewed level of support for the company’s growing base of active users. Over the last six months, the company has brought on board over 200 new Quicken customer care agents in the United States.
“Today marks the start of a new era for Quicken,” said Eric Dunn, chief executive officer of Quicken. “Over the years, we’ve helped millions of people achieve their financial goals. The increased investment in Quicken, enabled by our new ownership, will accelerate those efforts and strengthen the value we bring to consumers. We are extremely thankful to our loyal Quicken customers and look forward to this new chapter with them.”
In addition to the investment news today, Quicken is also announcing a new, free budgeting feature for its Quicken 2016 for Mac customers. The next monthly product release will include Quicken’s 12-Month Budget tool, which is the top feature requested by Mac users. The new feature makes it easy for consumers to set a budget, track progress, and analyze “what if” scenarios. It also provides the flexibility to account for monthly and annual expenses, giving customers a flexible, comprehensive view of their spending.
For over 30 years, Quicken has continued to be the trusted, comprehensive solution that millions of consumers count on to stay on top of their finances. Quicken 2016 is available for sale starting at $39.99 with a 60-day money back guarantee. For full feature details, go to www.quicken.com.
For more than 30 years, Quicken, a top personal money management software, has been the trusted financial solution for millions of consumers. Based in Menlo Park, California, Quicken Inc. remains deeply committed to helping individuals and families improve their financial lives. The Quicken product line includes solutions for Mac and Windows users, as well as a mobile app to give consumers anytime, anywhere access to their finances. More information can be found at www.quicken.com.