Precept Acquired by iAltA | Technology M&A Deal

iAltA has acquired Precept, a enterprise software business in New York. iAltA acquisitions expand its private markets infrastructure footprint by adding Precept’s AI-powered integration platform for wealth technology providers and fintech teams. Precept enables real-time system integrations across custodians, clearing firms, TAMPs, CRMs, portfolio management systems, analytics platforms, and data providers, reducing integration backlogs and ongoing maintenance. The iAltA acquires Precept deal is an add on acquisition led by a private equity buyer, supporting technology M&A and NY acquisitions in wealthtech infrastructure. Deal size was undisclosed, and the announced private equity acquisition is expected to accelerate standardized, portable data mapping and automated integration generation across public and private market platforms.