iAltA Holdings Acquires Delio as They Quietly Build Their End-to-End Alts2Wealth Platform
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iAltA Holdings, a private markets infrastructure firm backed by WestCap, announced the acquisition of Delio. Delio is a prominent provider of white-label operating systems designed for the distribution and reporting of private market investments. This acquisition represents the third addition to the private markets vertical for iAltA, following previous deals for Verivend and Betterfront.
The Delio Core OS provides configurable tools that allow asset managers and wealth firms to digitize their alternative investment workflows. The platform is currently utilized by more than 50 global financial institutions and serves 12,000 end clients across 18 regulatory jurisdictions. By incorporating this technology, iAltA intends to help firms maintain control over the client experience while improving transparency across the investment lifecycle.
This transaction is part of a broader effort to address systemic challenges in the private market landscape for distributors and general partners. The partnership aims to create more effective solutions for market participants as demand for alternative assets continues to grow. This strategic move follows the recent acquisition of BridgeFT by the wealth focused vertical of iAltA.
Knote: We have always loved what was going on at Delio, so now we love what is going on at iAlta. Everyone has Alts2Wealth on their 2026 roadmap. But Bill Sherman, Scott Ganeles, and Gareth Lewis seem to understand that after everyone gets their systems in place, the music will stop for the next 5-7 years since these systems are sticky. They plan to develop the end-to-end functionality and pure heft to be one of the ones left standing. In the last year, iAlta has acquired BridgeFT, Verivend, and Betterfront, quickly and quietly building what they hope will be the category-killing end-to-end Alts2Wealth platform.