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Direct Investment  + M&As  |  December 19, 2024
Allvue Acquires PFA Solutions
Joe Palmisano
By: Joe Palmisano

Allvue Acquires PFA Solutions

Allvue Systems, LLC has acquired PFA Solutions, a provider of specialized compensation solutions for alternative investment firms. The acquisition would combine PFA’s main SaaS platform, Firmview, with Allvue’s suite of alternative investment tools, strengthening Allvue’s position as a platform for alternative investors while also providing CFOs and finance teams with a more integrated solution for managing the fund lifecycle.

The inclusion of the PFA team will also serve to increase the firm’s capabilities and industry expertise, as well as enhance the range of technology solutions available to clients.

“We welcome the PFA team to Allvue, and the addition of their transformative technology around carried interest and compensation data to Allvue’s solutions, giving firms a single source of truth for funds and employees,” says Marc Scheipe, CEO of Allvue Systems.

Headquartered in Miami and backed by private equity firm Vista Equity Partners, Allvue has $7 trillion in assets under management on its platform, and $1 trillion in assets through PFA’s platform.

Janney Montgomery Scott, LLC was a buyside advisor on the transaction.

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Allvue SystemsPFA Solutions

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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