3 Firms Lead $1.6B Go-Private Sale Of Fintech CSI

3 Firms Lead $1.6B Go-Private Sale Of Fintech CSI

By Renee Hickman (August 22, 2022, 7:11 PM EDT) — Computer Services Inc., a provider of financial services and regulatory technology, will be taken private by investment firms Centerbridge Partners LP and Bridgeport Partners in a $1.6 billion deal guided by Nelson Mullins Riley & Scarborough, Kirkland & Ellis and Weil Gotshal & Manges, the companies said Monday.

Under the terms of the agreement, CSI shareholders will receive $58 per share, according to a statement. That per-share purchase price represents a 53% premium to CSI’s closing stock price on Friday, the statement said.

Nelson Mullins is advising CSI; Kirkland is representing Centerbridge; and Weil is counseling Bridgeport.

CSI President and CEO…

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