The Swiss provider of asset and wealth management software Allocare has a new owner. As of October 1, 2026, the corporate group based in Altishofen in the canton of Lucerne belongs to the international Volaris Group, Allocare said in a statement.

Volaris specializes in the long-term acquisition of software companies and is part of the publicly listed Canadian group Constellation Software. Worldwide, it brings together more than 1,500 software companies under one roof.

Financial details of the transaction, particularly the purchase price, were not disclosed.

Important technology partner for wealth managers

Allocare was founded in 2001 and is one of the established Swiss providers of software solutions for the financial industry. The company, headquartered in Altishofen with a branch in Zurich, develops applications for portfolio management, compliance, and client and regulatory reporting.

Its clients include banks, independent wealth managers, asset managers, and family offices in Switzerland and abroad.

The core of the offering comprises the Allocare AMS portfolio management software and the browser-based Allocare WEB application. This is complemented by data management services and the Allocare CLOUD solution.

Independence will be maintained

Following the acquisition by Volaris, Allocare is set to retain its operational independence. The company will continue to operate under its existing brand and further develop its products and services independently.

The Volaris Group follows a so-called buy-and-hold model. Unlike traditional financial investors, who often sell their stakes again after a few years, the group focuses on the long-term ownership of its subsidiaries.

According to the company, this means additional stability for Allocare as well as access to an international network and technological expertise.

Artificial intelligence is expected to accelerate development

Allocare attaches particular importance to the additional opportunities in the field of artificial intelligence. Belonging to an international software group should also bring advantages in dealing with growing regulatory requirements.

"Allocare now has Volaris as a long-term oriented owner with extensive software expertise and an international network," explains Allocare CEO David Popp.

This helps the company further develop its solutions under its own brand more quickly and in a more customer-oriented way, especially in the age of artificial intelligence.

For existing customers, the acquisition should primarily bring continuity. Allocare emphasizes that its existing products and services will continue and that proximity to customers will remain a central part of the company's strategy.