Core Insights - iAltA Holdings, a private markets startup backed by WestCap, has acquired BridgeFT, a wealth management technology infrastructure company, although the terms of the deal remain undisclosed [1] - The acquisition aligns with iAltA's mission to create a more connected wealth ecosystem, particularly as private markets gain importance in client portfolios [4] Company Overview - iAltA was founded in May 2025 and has made headlines with the appointment of Bill Crager, co-founder and former CEO of Envesnet, as a founding partner [1] - BridgeFT, established in 2015, is recognized for its cloud-based performance reporting and fee billing, and launched its WealthTech API in early 2023 [2] Technology and Infrastructure - BridgeFT's WealthTech API provides aggregated access to financial data and analytics from over 900 direct data partners, including custodians, broker/dealers, and asset managers [3] - iAltA is focused on building digital infrastructure to integrate private market systems, having launched the iAltA Private Markets platform in mid-2025 for general partners to manage transactions and cash movements [5] Industry Recognition - BridgeFT has received accolades in the wealth management sector, winning the Industry Disruptors award at the 2023 Wealth Management Industry Awards [5]