Neil McCafferty has agreed a two-year contract with Coleraine after being released by Irish Premiership rivals Portadown at the end of last season.
The midfielder is manager Oran Kearney's second acquisition of the summer following the arrival of Joe McNeill from Cliftonville.
The signing of the former Dungannon Swifts man will help fill the void left by Stephen Lowry's move to Linfield.
The Bannsiders also saw forward Eoin Bradley move on to Glenavon.
McNeill completed a permanent move after spending the second half of the last campaign on loan to the Ballycastle Road outfit.
"We are delighted to have brought in Neil. I believe he will add a lot to our side," said Kearney.
"He is a player who comes with a lot of experience, both in this league and also from his time in England.
"There was a lot of competition for his signature so we are pleased that he sees his future with us."
McCafferty, who left Shamrock Park after four seasons this summer, is looking forward to a new challenge.
"I'm looking forward to getting going and meeting the rest of the guys in pre-season," said the 29-year-old.
"Coleraine is a good set-up and there are some very talented players here."