Demonstrates Union Square Advisors’ continued strength in providing unique insights and strategic advice to leading technology companies and financial sponsors
On April 5, 2016, H.I.G. Capital announced that it had acquired Quicken, a leading provider of personal financial management software products, from Intuit Inc. H.I.G. Capital is a leading global private equity firm with $19 billion of equity capital under management. Partnering with management, H.I.G. carved Quicken out as a standalone company that will benefit from increased focus and investment on marketing, product development, and the customer experience. H.I.G.’s expertise in helping companies make business transitions will enable Quicken to restore its technology leadership and deliver exceptional products and services to its millions of customers. Union Square Advisors acted as exclusive financial advisor to H.I.G. Capital in this transaction.
About H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with $19 billion of equity capital under management. H.I.G. is based in Miami, with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro. The H.I.G. family of funds includes private equity, growth equity, debt/credit, real estate, lending and life sciences. H.I.G. aligns itself with committed management teams and entrepreneurs and helps build businesses of significant value. Their team of over 250 investment professionals has substantial operating, consulting, technology and financial management experience, enabling them to contribute meaningfully to their portfolio companies. For more information, please visit www.higcapital.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. For more information, please visit www.quicken.com.
About Union Square Advisors
Union Square Advisors LLC is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity and venture capital firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT Infrastructure and Internet/Digital Media/Marketing Technology. Since inception, Union Square Advisors has advised on over 60 transactions, valued in excess of $80 billion. For more information, please visit www.usadvisors.com.