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CSI announced today the completion of its acquisition by private equity firms Centerbridge and Bridgeport Partners. The acquisition, previously announced Aug. 22, 2022, closed in an all-cash transaction valued at approximately $1.6 billion. With the completion of the acquisition, CSI became a private company and its common stock ceased trading. It will no longer be listed on the OTCQX market.

On November 9, 2022, Computer Services, Inc., a Kentucky corporation (“CSI”) (OTCQX: CSVI), held a special meeting of shareholders (the “Special Meeting”) to consider and vote on a proposal to approve the Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 20, 2022, by and among Catalyst Top Parent, Inc., a Delaware corporation (“Parent”), Catalyst Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), and CSI, pursuant to which Merger Sub will merge with and into CSI, with CSI surviving the merger as a wholly-owned subsidiary of Parent (the “Merger”). At the Special Meeting, CSI shareholders approved the Merger Agreement.

CSI announced today 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.