๐ฉ๐ผ๐น๐ฎ๐ฟ๐ถ๐ ๐๐ฟ๐ผ๐๐ฝ ๐๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ ๐ฆ๐๐ถ๐๐ ๐ช๐ฒ๐ฎ๐น๐๐ต๐ง๐ฒ๐ฐ๐ต ๐๐น๐น๐ผ๐ฐ๐ฎ๐ฟ๐ฒ
Volaris Group, an operating group of Constellation Software Inc. (TSX: CSU), has acquired Allocare Holding AG, a Swiss provider of asset and wealth management software. The deal closed on October 1, 2026, and Allocare announced it on November 12. Financial terms were not disclosed. PwC Switzerland served as exclusive financial advisor to Allocare's shareholders.
Founded in 2001 and headquartered in Altishofen, near Lucerne, with an office in Zurich, Allocare builds software for portfolio management, compliance, and client and regulatory reporting. Its products include the Allocare AMS portfolio management system, the browser-based Allocare WEB, and Allocare CLOUD, a software-as-a-service offering from its data subsidiary Allocare Data AG, formerly the fintech numas. Clients include banks, independent asset managers, family offices, and pension funds in more than 10 countries.
Volaris buys software companies to hold them long term, and Allocare will continue to operate independently under its own brand, led by CEO David Popp. Popp said Volaris brings long-term ownership, software expertise, and an international network that will help Allocare develop its solutions faster, particularly in artificial intelligence. For the banks and wealth managers running on Allocare, a permanent owner points to product continuity, and the deal shows serial software acquirers' continued appetite for established wealth management platforms.
