From the article:
Quote:
No layoffs are planned with the new ownership. In fact, Dunn expects the company will only continue to hire and add to its 150-person staff (not including 250 contracted “customer care agents).
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Quicken is a smaller company than I would have guessed.
Summarizing from the article, according to the CEO (who has been there through all of the software's life) the package was neglected by Intuit. Next, H.I.G put up the investment to move Quicken to the cloud and improve quality. Now, with Aquiline backing, they are looking to grow by partnering with fintech companies.
I do not use Quicken, but I'm very familiar with the product. Just wondering if the next generations will use the product.