Add-on Acquisition • Information Technology

Abt Global Acquires TSPi

On May 16, 2024, Abt Global acquired information technology company TSPi

Acquisition Context
  • This is Abt Global’s 1st transaction in the Information Technology sector.
  • This is Abt Global’s 1st transaction in the United States.
  • This is Abt Global’s 1st transaction in Virginia.

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M&A Deal Summary

Date May 16, 2024
Target TSPi
Sector Information Technology
Buyer(s) Abt Global
Deal Type Add-on Acquisition

Target Company

TSPi

Reston, Virginia, United States
TSPi designs and implements IT solutions that improve efficiency, increase performance, and accelerate customer success. Its human-centered design-oriented delivery methodology is based on Scaled Agile principles, and its enterprise IT solutions range from cloud enablement and low-code platforms to accelerated data science. TSPi was formed in 2001 and is headquartered in Reston, Virginia.
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Buyer Overview 1

Buyer

Abt Global

Rockville, Maryland, United States

Category Company
Sector Business Services
DESCRIPTION

Abt Global is a consulting and research firm, that tackles society’s toughest problems, pioneering evidence and innovation that improves policy, systems, and lives. We partner with clients and communities in 50+ countries to advance solutions in health, technology, environment, economic growth, governance, and more. Abt Global is headquartered in Rockville, Maryland.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1