Citizens Financial : Serves as Exclusive Financial Advisor to OrboGraph on its Sale to Kinective

Published: 2026-04-28 17:55:03 ET CFG

Published on 04/28/2026 at 05:55 pm EDT

04/28/2026

PROVIDENCE, RI - Citizens Capital Markets & Advisory announced today that it served as exclusive financial advisor to OrboGraph on its sale to Kinective, a portfolio company of TA Associates and OceanSound Partners.

OrboGraph is a provider of AI-powered check recognition and fraud prevention solutions for banks and financial institutions. OrboGraph was previously majority-owned by St. Louis, MO-based Thompson Street Capital Partners.

"From start to finish, the Citizens team demonstrated committed execution and senior-level involvement," said Jesse Klein, managing director at Thompson Street Capital Partners. "Their disciplined process and thoughtful approach ensured an efficient, successful outcome for OrboGraph."

"The Citizens team has been a trusted partner to OrboGraph for many years, providing strategic guidance across multiple transactions," added Barry Cohen, CEO of OrboGraph. "Their deep expertise and unwavering commitment to achieving the best outcome for OrboGraph has been instrumental in helping us achieve our long-term goals. We are grateful for their continued partnership."

OrboGraph's OrbNet AI platform delivers check recognition technology with read rates exceeding 99% and 99.5% accuracy. The platform powers advanced fraud detection capabilities that protect financial institutions from counterfeits, forgeries and alterations, as well as providing Positive Pay capability for business check payee verification.

"We've had the opportunity to collaborate with Thompson Street and OrboGraph across multiple strategic initiatives, including this milestone transaction," said Justin Bentley, managing director at Citizens. "This acquisition is a testament to the strength of OrboGraph's business and the value created through partnership. We look forward to following their continued success."

Citizens Capital Markets & Advisory offers investment banking, research, sales and trading activities as part of our institutional broker-dealer, Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).

About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $227.9 billion in assets as of March 31, 2026. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail, private banking, wealth management and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. Consumer Banking includes Citizens Private Bank and Private Wealth, which integrate banking services and wealth management solutions to serve high- and ultra-high-net-worth individuals and families, as well as investors, entrepreneurs and businesses. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.

Disclaimer

Citizens Financial Group Inc. published this content on April 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 28, 2026 at 21:55 UTC.