HEIT, the Colorado-based provider of cloud-based infrastructure, compliance and security services to more than 200 credit unions, is being sold to Computer Services Inc. of Paducah, Ky.

Dan Holt, CEO of HEIT, will remain as general manager of CSI's Managed Services Division, the companies said. The acquisition is expected to close in September,  and terms were not announced.

"This is a tremendous opportunity to further invest, innovate and expand our national presence as a managed services provider, while also gaining the ability to offer many new services to our customers," Holt said.

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