iAltA Holdings, the WestCap-backed personal markets startup, has introduced the acquisition of BridgeFT, a wealth administration know-how infrastructure firm.
Phrases of the deal weren’t disclosed.
Based in Could 2025, iAlta’s largest information thus far was when Envesnet co-founder and former CEO Invoice Crager joined the agency as a founding associate in October.
BridgeFT, based in 2015, and initially recognized for its cloud-based efficiency reporting and price billing, launched its WealthTech API in early 2023.
The API can present aggregated entry to monetary knowledge, analytics, in addition to varied purposes from custodians, dealer/sellers, correspondent clearing companies, prime brokers, banks, insurance coverage carriers, asset managers, retirement plan suppliers, 401(okay) recordkeepers and others. This represents, in whole, greater than 900 direct knowledge companions, in addition to an ecosystem of integration and developer companions.
“This acquisition immediately helps our mission to construct a extra related wealth ecosystem, significantly as personal markets turn into an more and more necessary a part of shopper portfolios. BridgeFT’s knowledge infrastructure is a important constructing block in that imaginative and prescient,” stated Crager in a ready assertion.
iAltA is constructing out digital infrastructure to carry collectively personal market programs, having launched iAltA Non-public Markets in mid-2025. This platform is designed for common companions executing transactions and managing money actions.
BridgeFT has obtained wealth administration business recognition as properly, having received the Business Disruptors award on the 2023 Wealth Administration Business Awards.
