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iAltA Acquires Delio to Expand Private Markets Tech


iAltA Acquires Delio to Expand Private Markets Tech
  • by: Source Logo
  • |
  • February 27, 2026

iAltA Holdings, the WestCap-backed private markets infrastructure company, has acquired Delio, the leading provider of white-label operating systems for private markets distribution and reporting. The transaction strengthens iAltA’s suite of solutions and accelerates its mission to digitize and streamline private market workflows for asset managers, wealth firms, and distributors.

Quick Intel

  • iAltA acquires Delio to enhance its private markets vertical with a configurable, low-code operating system for digitizing, distributing, and reporting on alternative investments.
  • Delio’s Core OS supports compliant, scalable workflows across aggregation, structuring, distribution, administration, and reporting while maintaining full client experience control.
  • Delio serves more than 50 global financial institutions across 18 regulatory jurisdictions and supports over 12,000 end clients worldwide.
  • This marks iAltA’s third acquisition in its Private Markets vertical (following Verivend and Betterfront in 2025) and complements its Wealth vertical acquisition of BridgeFT.
  • Founded in 2025 by Scott Ganeles, Bill Sherman, Bill Crager, and Laurence Tosi, iAltA operates a holding structure that blends shared capabilities with independent subsidiaries and strategic partnerships.
  • The acquisition aligns with surging demand for seamless private markets infrastructure amid tremendous industry growth.

iAltA Holdings continues to build a comprehensive ecosystem addressing systemic inefficiencies in private markets. Delio’s white-label, AI-powered platform enables financial institutions to integrate alternatives into their offerings while preserving brand control and delivering a superior digital client experience.

“We founded iAltA because we saw a tremendous market need to solve systemic issues within the private market landscape for general partners and distributors,” said Scott Ganeles, Chief Executive Officer and Founding Partner of iAltA. “Delio has emerged as a digital infrastructure provider of choice for financial institutions seeking to integrate alternatives into their offerings while maintaining control over client experience.”

“Private markets have seen tremendous growth over the past few years, but the infrastructure has not kept up the demand for access and offerings,” said Gareth Lewis, Founder and Co-Chief Executive Officer of Delio. “iAltA is our ideal partner since both our organizations were founded on the principle that the markets need more seamless and effective solutions to meet the challenges of demand. This partnership will increase both our reach and our impact.”

By combining Delio’s technical depth and market-leading position with iAltA’s broader infrastructure strategy, the combined entity is well-positioned to empower market participants with unified, transparent, and scalable solutions throughout the investment lifecycle.

About iAltA

iAltA is a private markets infrastructure company founded by industry leaders who believe in solving systemic challenges with operator-caliber precision. Incubated and backed by WestCap, iAltA builds platforms that unify fragmented workflows, elevate transparency, and empower market participants throughout the investment lifecycle. 

About Delio

Delio empowers financial institutions and investment firms to maintain full control of their alternative investment capabilities through its white-label, AI-powered operating system, Delio Core OS. Combining configurable, low-code tools with a collaborative, non-conflicted approach, Delio enables firms to streamline compliant, scalable workflows across aggregation, structuring, distribution, administration and reporting – all while delivering a seamless user experience for their clients.

  • Private MarketsFin TechDigital Infrastructure
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