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H.I.G. Capital closes acquisition of Quicken biz from Intuit

H.I.G. CapitalLLC said April 5 that H.I.G. Middle Market, the company'smiddle-market investment affiliate, closed its of certain assets comprisingthe Quicken business from IntuitInc.

Headquartered in Menlo Park, Calif., Quicken providespersonal financial management software products. Quicken began operatingindependently from Intuit, effective March 31.

Union Square Advisors acted as a financial adviser to H.I.G.