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

September 18, 2024

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.

Buyers
CSI
Targets
Velocity Solutions
Sellers
H.I.G. Capital
Industry
Software
Location
Florida, United States
Transaction Type
Buyout

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