Houlihan Lokey Advises Diversis Capital on Its Acquisition of LTi Technology Solutions

Houlihan Lokey is pleased to announce that Diversis Capital, L.P. (Diversis) has acquired LTi Technology Solutions (LTi), a global leader in software for the equipment finance industry. The transaction closed on March 23, 2026.

Diversis is a software and technology-focused private equity fund that invests in lower-middle-market companies, targeting situations where it can add unique value in helping a company reach the next level.

LTi is a global provider of lease and loan finance software for the equipment finance industry. Founded in 1989 and headquartered in Omaha, Nebraska, LTi's ASPIRE™ platform is a comprehensive, highly configurable lifecycle management system used by banks, captives, and independents across North America and the United Kingdom. With more than $180 billion in assets under management on its platform and a client base that includes 40% of the MONITOR 100, LTi is one of the most trusted and widely adopted technology platforms in equipment finance.

The acquisition comes at a pivotal moment for the equipment finance industry as organizations increasingly modernize legacy systems to support digital operations, enhance data transparency, and add more sophisticated reporting requirements. The acquisition will enable LTi to accelerate product development, harness expanding AI capabilities, and ultimately strengthen its ability to support the increasingly complex operational, regulatory, and analytical needs of equipment finance organizations.

As part of the transaction, LTi’s Co-Founders Randy Haug and Russ Hallberg will retain minority ownership and remain actively involved with the company, continuing to support the organization and its strategic direction.

Houlihan Lokey served as the exclusive financial advisor to Diversis.

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