Avance Investment completed the acquisition of a minority stake in RIA Advisory.

Avance Investment, a private equity firm, completed the acquisition of a minority stake in RIA Advisory, a provider of revenue management solutions. Financial terms were not disclosed. "Avance's investment in RIA is a testament to the best-in-class revenue management advisory services and products our team of industry pioneers has built over the last five years. Having known the Avance team for many years, we are confident their operational expertise, technology investing expertise and successful track record of investing in founder-led businesses make them the right partner for RIA as we enter our next phase of growth," Saket Pabby, Avance CEO and Founder.