Centerbridge and Bridgeport Acquire Computer Services, Inc. for $1.6 Billion
November 16, 2022
Private equity firms Centerbridge Partners and Bridgeport Partners completed an all-cash $1.6 billion acquisition of Computer Services, Inc. (CSI), taking the company private at $58.00 per share and causing its common stock to cease trading on the OTCQX. The deal positions CSI to accelerate investment in cloud, R&D, and expanded fintech/regtech product capabilities to better serve community banks, fintechs and corporate customers.
- Buyers
- Centerbridge Partners, L.P., Bridgeport Partners
- Targets
- Computer Services, Inc.
- Sellers
- CSI shareholders
- Industry
- Cloud & SaaS
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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