Houlihan Lokey Advises TSPi

Houlihan Lokey’s Government Technology and Services team is pleased to announce that Technology Solutions Provider, Inc. (TSPi) has been acquired by Abt Global (Abt). The transaction closed on May 9, 2024.

Headquartered in Reston, Virginia, TSPi is a leading provider of IT modernization solutions, specializing in agile low-code/no-code application development and cloud technologies across major platforms, including Pega, Salesforce, Appian, Amazon Web Services, and Google Cloud. The company is notably one of only a few Pega Government Elite partners and has been recognized by Google for its partnership within the federal space. TSPi has developed a franchise position leading digital transformation and data science initiatives for some of the nation’s largest federal assistance, conservation, and climate resilience programs that directly support farmers, ranchers, and other stewards of agricultural lands. The company is recognized as an exceptional employer in the area, securing The Washington Post’s Top Workplace awards each of the past three years.

Headquartered in Rockville, Maryland, Abt is a global consulting and research firm that combines data and bold thinking to improve the quality of people’s lives. Abt partners with clients and communities to advance equity and innovation—from creating scalable digital solutions and combatting infectious diseases to mitigating climate change and evaluating programs for measurable social impact.

Houlihan Lokey served as the exclusive financial advisor to TSPi and marketed, structured, and negotiated the transaction on behalf of the company.