Back in August, Intuit announced plans to find a new home for Quicken. We have now identified a buyer who shares my passion for the Quicken product and for devoted customers like you. H.I.G. Capital is a leading private equity firm with a track record for investing in and building strong businesses.
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We've already started the journey with the new Quicken 2016 products that launched in November with new features to help consumers stay on top of their bills. In the last six months, we've also increased our investment in U.S.-based phone support.
I suspect that this will only be a termporary home for Quicken software, but I would still like to know how H.I.G. treats its acquisitions.