Centerbridge and Bridgeport completed the acquisition of Computer Services for $1.6bn.

Centerbridge, a global, multi-strategy private investment firm, and Bridgeport, a private investment firm, completed the acquisition of Computer Services, a provider of end-to-end fintech and regtech solutions, for $1.6bn. “As a private company, our goal is to grow organically and expand our product portfolio to best serve the financial services industry. We believe Centerbridge and Bridgeport will support our goals for innovation and share in our commitment to employee satisfaction, community engagement and customer service. We are pleased to have partners that can provide insight and resources to help CSI continue to grow and evolve our capabilities to better serve our customers,” David Culbertson, CSI CEO and President.