D.A. Davidson Acts as Exclusive Strategic and Financial Advisor to Qolo on Its Sale to CSI

July 16, 2026 - 03:53

NEW YORK, July 15, 2026 -- D.A. Davidson & Co. announced today that it served as the exclusive strategic and financial advisor to Qolo, Inc., a provider of modern treasury solutions and payments infrastructure, regarding its sale to Computer Services, Inc.

CSI is a portfolio company backed by Centerbridge Partners, TA Associates, and Bridgeport Partners. The transaction marks a significant move in the financial technology space, bringing Qolo's real-time payment and treasury management capabilities under the umbrella of a larger, established technology provider.

Qolo has built a reputation for offering flexible, cloud-based infrastructure that helps businesses manage payment flows and treasury operations more efficiently. The acquisition by CSI is expected to expand the reach of these solutions, particularly for community and regional financial institutions that rely on CSI for core processing and digital banking services.

D.A. Davidson, a financial services firm known for its work in the fintech and technology sectors, provided both strategic guidance and financial advisory services throughout the process. The deal highlights continued consolidation in the payments industry as larger firms seek to integrate modern, scalable platforms to meet evolving client demands. Terms of the transaction were not disclosed.