Vista Equity Partners acquired AltaReturn.

Vista Equity Partners, a leading investment firm focused on enterprise software, data, and technology-enabled businesses acquired AltaReturn, a leading provider of cloud-based, end-to-end technology solutions for the private capital and family office markets. Financial terms were not disclosed. As part of the acquisition, AltaReturn will be combined with current Vista portfolio company Black Mountain Systems, to form a new entity to be named Allvue Systems, headquartered in Miami with offices throughout North America, Europe, and Asia. Combined, Allvue becomes the leader in alternative investment solutions and serves 50 of the top 100 CLO managers, with over $2.5tn of assets, 90k LPs, and $60bn of family office assets on its platform. “AltaReturn and Black Mountain are two market leaders, led by strong management teams and with an excellent track record of customer service and innovation. With the creation of Allvue, Rey, Kevin, and the newly combined team will continue to make advancements and provide valuable technologies for their customers across the alternative investments industry.” Nadeem Syed, Vista Equity Partners Operating Principal.