Centerbridge and Bridgeport Complete $1.6 Billion Acquisition of CSI Learn More Centerbridge, Bridgeport Complete Acquisition of CSI
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Our History

CSI was incorporated on March 19, 1965, beginning our modest operations with only six employees and three customers. Today, we are one of the nation’s largest partners for fintech, regtech and cybersecurity solutions, and deliver leading-edge products and services—with a focus on speed and service—to organizations of all sizes.

CSI Employees in room of computers

A History of Growth

Despite our humble beginnings, we’ve always had a vision for the future and a commitment to serving as a strong technology partner. For decades, we prioritized customer service and innovation, and grew to nearly 500 customer banks by the new millennium.

Upon celebrating 50 years of business in 2015, CSI had more than 1,000 employees, thousands of customers nationwide and a full suite of technology solutions.

In recent years, CSI has grown from a regional presence to a national partner known for developing and delivering technology that enables digital transformation, creates secure IT environments and streamlines compliance. We’ve continued to expand our solutions to meet the needs of our customers in a rapidly changing technology landscape and demonstrated a commitment to providing exceptional service.

Looking Toward the Future

In November 2022, CSI was acquired by private equity firms Centerbridge Partners, L.P. and Bridgeport Partners for $1.6 billion. As a private company, we will continue our history of growth and success with a relentless focus on innovation and unparalleled customer service.

We take pride in our history of serving community banks and will continue our unwavering commitment to providing them with the leading-edge technology required to compete in an open banking environment and fostering BaaS partnerships with trusted fintechs.

In addition to helping community banks grow, we maintain long-standing partnerships with worldwide brands for our regtech and cybersecurity solutions and are actively expanding our customer base to include top companies in the fintech, MSB and insurance industries.

CSI’s acquisition by Centerbridge and Bridgeport supports our mission to serve as the leading partner for regtech and fintech resources through expanded investment in research and development, complementary product partnerships and strategic acquisitions.

We’re focused on driving value for our customers by accelerating our delivery of cutting-edge solutions surrounding fraud and anti-money laundering, account origination, small-to-medium businesses and treasury management, managed services and cybersecurity, real-time payments, open banking, Banking as a Service (BaaS) and more.

With an eye toward the future, we are proud of our beginnings and will remain true to CSI’s original vision of driving our customers’ success.

Steve Powless and David Culbertson standing outside HQ building

Get In Touch

Are you looking for the edge to outperform the competition? CSI is a full-service technology and compliance partner.

Let’s Talk