Computer Services, Inc. Acquires Hawthorn River

Centerbridge and Bridgeport Acquire Computer Services, Inc. for $1.6 Billion

November 16, 2022

Cloud & SaaS

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.

CSI Acquires Velocity Solutions from H.I.G. Capital

September 18, 2024

Software

CSI, a provider of end-to-end financial software, has acquired Velocity Solutions from H.I.G. Capital. Velocity Solutions — a nearly 30-year-old provider of deposit acquisition, customer engagement and intelligent overdraft management software that serves more than 30 million consumers — will be integrated into CSI's suite of products; terms were not disclosed.

HKW Acquires CIS Secure Computing; Riverside Makes Minority Investment

April 20, 2021

Cybersecurity

HKW, a middle-market private equity firm, has acquired CIS Secure Computing from Acorn Growth Companies. The Riverside Company’s Riverside Strategic Capital Fund partnered with HKW as a minority investor to support CIS’s product and software expansion and pursue strategic add-on acquisitions; CIS is headquartered in Ashburn, Virginia and provides secure endpoint communications solutions to government and security-conscious customers.

TA Associates Makes Strategic Growth Investment in CSI

December 1, 2023

Cloud & SaaS

TA Associates has made a strategic investment in Computer Services, Inc. (CSI), joining existing investors Centerbridge Partners and Bridgeport Partners to support CSI’s growth and product expansion. The transaction closed in December 2023 and will help CSI advance its multi-tenant cloud banking platform and expand capabilities for community and regional banks; financial terms were not disclosed.

Tyler Technologies Acquires Computing System Innovations (CSI)

August 8, 2023

AI & Machine Learning

Tyler Technologies has acquired Computing System Innovations, LLC (CSI), an Orlando-area provider of AI-driven redaction, indexing, and document processing software for courts and public-sector customers. Tyler will integrate CSI's Intellidact platform into its eFile & Serve and other product suites to expand AI automation and document-processing capabilities; CSI management and staff will join Tyler and remain in their current offices.

The Cook & Boardman Group Acquires CSI (Hohenberger, Inc.)

April 28, 2025

Electrical Services

The Cook & Boardman Group LLC acquired substantially all assets of Hohenberger, Inc. d/b/a CSI, a low-voltage integration and security systems integrator headquartered in Lubbock, Texas. The acquisition, which continues Cook & Boardman’s roll-up strategy under majority owner Platinum Equity, expands the company’s Division 27 & 28 capabilities and geographic presence in West Texas and New Mexico.