Diversis buys LTi
Diversis Capital, a $680M AUM firm, acquired LTi Technology Solutions — a targeted consolidation move in equipment‑finance software that underscores continued M&A and tech investment in the vertical. (x.com)
The transaction officially closed March 23, 2026. (prnewswire.com) KeyBanc Capital Markets served as LTi’s exclusive financial advisor on the deal, while Sidley Austin represented Diversis Capital. (equipmentfinancenews.com) (sidley.com) LTi was founded in 1989 and bills ASPIRE as its flagship, end‑to‑end equipment finance lifecycle platform covering originations, servicing, portfolio management and reporting. (ltisolutions.com) Jeff Van Slyke will continue as LTi president and CEO after the acquisition, and co‑founders Randy Haug and Russ Hallberg will retain minority stakes and remain actively involved. (equipmentfa.com) (pehub.com) Diversis said it plans to back LTi’s product development and global expansion via investment in the platform and innovation roadmap. (prnewswire.com) LTi disclosed recent customer momentum ahead of the sale: Summit Funding Group selected ASPIRE on March 10, 2026, Regents Capital expanded its ASPIRE relationship on March 3, 2026, and LTi scheduled its annual user conference for June 8–10, 2026 in Omaha with an inaugural international event on May 21, 2026 in London. (ltisolutions.com) No financial terms of the acquisition were disclosed in press reporting of the deal. (pehub.com)
