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Centerbridge And Bridgeport Complete $1.6 Billion Acquisition Of Csi

PRIVATENov 16, 2022

Acquiring Company

Centerbridge

Acquired Company

CSI

New YorkPaducahFinancial ServicesReal EstateFinanceReal Estate InvestmentVenture CapitalAngel InvestmentFinanceFintechInformation TechnologySoftwareCyber Security

Description

Computer Services, Inc. (CSI), a leading provider of end-to-end fintech and regtech solutions, announced today the completion of its acquisition by private equity firms Centerbridge Partners, L.P. (Centerbridge), a global, multi-strategy private investment firm with deep experience investing in financial services and technology, and Bridgeport Partners (Bridgeport), a private investment firm with a long-term, value-oriented approach.

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Company Information

Company

Centerbridge

About

Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — Private Equity, Private Credit and Real Estate — in an effort to develop the most attractive opportunities for its investors. The firm was founded in 2005 and as of June 30, 2023, has approximately $36 billion in capital under management with offices in New York and London. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies.

Company

Bridgeport

Location

New York, New York, United States

About

BridgePort provides agnostic middleware for institutional crypto trading, connecting execution and custodial options for off-exchange settlement. Our technology layer infrastructure eliminates the need for trading firms to pre-fund, enabling safe and efficient on-exchange and OTC bilateral trading.

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Frequently asked

Who acquired CSI?

CSI was acquired by Centerbridge. The deal was reported on November 16, 2022. Centerbridge Partners, L.P. Centerbridge is privately held and operates in Financial Services.

When did Centerbridge acquire CSI?

Centerbridge's acquisition of CSI was reported on November 16, 2022. Computer Services, Inc. (CSI), a leading provider of end-to-end fintech and regtech solutions, announced today the completion of its acquisition by private equity firms Centerbridge Partners, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CSI do?

Computer Services, Inc. It is privately held, operating in Information Technology, and is based in Paducah.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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