Diversis buys LTi Software

Diversis Capital’s purchase of LTi was announced in a company release dated March 23, 2026 from Omaha, Neb., confirming the transaction and the buyer’s stated plan to accelerate product innovation. (prnewswire.com) Sidley Austin LLP acted as legal counsel to Diversis on the deal, which identifies Diversis as a Los Angeles–based private equity manager focused on high‑growth software and technology‑enabled services. (sidley.com) KeyBanc Capital Markets served as exclusive financial advisor to LTi in the transaction, according to coverage from trade press reporting on the sale. (equipmentfa.com) LTi’s public materials list a founding date of 1989 and identify ASPIRE as its flagship equipment‑finance lifecycle platform, positioned to cover originations, servicing, portfolio management and reporting. (ltisolutions.com) LTi’s site and profiles cite scale metrics used in buyer diligence: more than $180 billion of assets under management supported, 100+ clients in-market, 8,900+ named users and 14+ years running cloud deployments, with penetration claims such as serving 40% of the Monitor Top 100. (ltisolutions.com) Company statements and press coverage confirm that President and CEO Jeff Van Slyke and the existing leadership team will remain in place after the closing, while reporting from PE Hub states co‑founders Randy Haug and Russ Hallberg will retain minority ownership and stay actively involved. (equipmentfa.com, pehub.com) Public positioning from Solifi and recent Solifi customer case studies illustrate the competitive feature set available to equipment‑finance lenders today — Solifi markets an Open Finance Platform with originations and portfolio capabilities and cites implementations that reduced document‑verification time by “up to 70%,” while publishing named client go‑lives such as Rosenthal & Rosenthal and a North American bank on Wholesale & Originations. (solifi.com, solifi.com, solifi.com)