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CSI to be Acquired by Centerbridge and Bridgeport for $1.6 Billion
Computer Services, Inc. (CSI) a leading provider of end-to-end fintech and regtech solutions, announce it has entered into a definitive agreement to be acquired by 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, in an all-cash transaction valued at approximately $1.6 billion, or $58.00 per share. The transaction follows a robust strategic review process and was unanimously approved by CSI’s board of directors.
Kasisto Raises Additional $15.5 Million From FIS and Westpac in Oversubscribed Series C Round
Kasisto , creators of KAI , the leading digital experience platform for the financial services industry, announced a $15.5 million Series C extension, led in the United States by Fidelity Information Services, LLC (NYSE: FIS) and internationally by Westpac Banking Corporation (OTCMKTS: WEBNF), with participation from BankSouth . This brings the total Series C funding to $31 million.
Flexia Launches InstaPlay Registration and Integrated Onboarding Module of Its Cashless Gaming Solution
Flexia Payments announced the launch of its InstaPlay Registration and Integrated Onboarding Module. InstaPlay enables casino customers to instantly enroll in Flexia’s Cashless Gaming Solution, and the casino’s loyalty and other proprietary systems in a single, automated process.
Vive Crop Protection Closes Funding Round, Accelerating Its Precision Chemistry Platform
Vive Crop Protection announced today the close of its USD $26 million Series C investment round. The round was led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC), Export Development Canada (EDC), and Urbana Corporation. Vive has also secured debt financing from Silicon Valley Bank (SVB) to provide both working and growth capital in support of their continued expansion.
Advisor Group Welcomes Brian Falconer with $203 Million in Assets to its Platform
Advisor Group Inc., the nation’s largest network of independent wealth management firms, announced the successful recruitment of Brian Falconer and his team of 16 registered representatives to its platform. Wealth Management Resource Group, with $203 million in total client assets, joins the Advisor Group network from Securian Financial Services, a provider of financial services offering retirement planning, investment advisory, insurance and financial planning.
