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Csi Announces Strategic Investment From Ta

Jan 10, 2024almost 2 years ago
PaducahSoftwareInformation Technology

Investors

Bridgeport PartnersCenterbridge PartnersTa Associates

Description

CSI, a leading provider of end-to-end financial software and technology, announced today a strategic investment from TA Associates (TA), a leading global private equity firm. Centerbridge Partners, L.P. (Centerbridge) and Bridgeport Partners (Bridgeport) will retain their positions as majority and minority investors, respectively.

Company Information

Company

CSI

Location

Paducah, Kentucky, United States

About

Computer Services, Inc. (CSI) delivers core processing, digital banking, managed cybersecurity, cybersecurity compliance, payments processing, print and electronic document distribution, and regulatory compliance solutions to financial institutions and corporate customers, both foreign and domestic. Management believes exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as IDC Financial Insights FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers lists. CSI has also been recognized by Aite-Novarica Group, a leading industry research firm, as providing the “best user experience” in its AIM Evaluation: The Leading Providers of U.S. Core Banking Systems.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers