NEW YORK, June 1, 2017 – Aquiline Capital Partners LLC, a New York-based private equity firm investing in financial services and technology, announced today that it has acquired OSG Billing Services, a leading provider of billing and customer communications solutions based in Ridgefield Park, New Jersey. Aquiline is partnering with OSG’s existing management team, led by Chairman and CEO Scott W. Bernstein, to build upon its current platform through complementary acquisitions and targeted growth initiatives

“OSG has a tradition of exceptional customer service across multiple mediums with long-standing, diverse customers. We are excited to work with Scott and the management team to help create an omni-channel customer communications hub, incorporating leading technology to support the bill to payment cycle,” stated Jeff Greenberg, Chairman and Chief Executive of Aquiline. “Given their established platform, we see OSG as an ideal foundation for further acquisitions in this space.”

Founded in 1992, OSG has grown into a leader in the billing and invoice business, offering innovative solutions to businesses across many industries including middle-market financial, communications, media, utility, homeowners’ association management, and other sectors. OSG’s integrated, end-to-end process offers customers industry-leading solutions and service from design to production to post-production reporting and analysis.

“OSG will benefit greatly from Aquiline’s expertise in helping outsourced financial and administrative service providers, as well as billing and payment solution providers, to grow and thrive. They understand our business and culture well, and we share the same vision for what OSG can become,” said Bernstein. “We look forward to partnering with Aquiline to continue to build OSG and further extend our product offerings, reach and customer base.”

As part of the transaction, OSG will welcome Aquiline professionals Vincenzo La Ruffa, Scott Leach and Joe Pappalardo as new members of its Board of Directors.

Financial advisors for this transaction were William Blair for Aquiline and Raymond James for OSG. Willkie Farr & Gallagher LLP represented Aquiline in the transaction, and Schnader Harrison Segal & Lewis LLP represented OSG.

About OSG Billing Services

OSG is a next-generation business technology partner providing integrated customer communications solutions through a state-of-the-art processing environment. OSG offers comprehensive and flexible electronic billing and invoice/statement services, document printing and mailing and a suite of forward-thinking marketing solutions. Progressive communication technologies enable OSG’s clients to transform their customer interactions to drive revenue, reduce costs and strengthen relationships.

With over 25 years’ experience as a business outsourcer for total customer communication management, OSG has the knowledge and expertise to best suit the needs of the telecommunications, leasing, financial services, distribution, healthcare, heating oil/propane, government and publishing markets. A solid reputation has made OSG an award-winning transactional communication provider.

About Aquiline Capital Partners LLC

Aquiline Capital Partners, founded in 2005, is a private equity firm based in New York investing in businesses across the financial services sector in banking and credit, insurance, investment management and markets, and financial technology and services. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit www.aquiline-llc.com.