Indy Software Provider Adds Colorado Company

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Indianapolis-based Archway Technology Partners LLC has announced an agreement to acquire a Colorado company. The deal involves WealthTouch Holdings Inc., a financial reporting technology business. November 21, 2014

News Release

INDIANAPOLIS, Ind. - Archway Technology Partners, LLC ("Archway"), an Indianapolis-based provider of software products and outsourced support services for the investment management and private wealth management industries, today announced that it has reached an agreement to acquire WealthTouch Holdings, Inc. ("WealthTouch"), a leading provider of consolidated investment reporting services to ultra-high net worth families, family offices, wealth advisors and foundations. Terms of the transaction were not disclosed.

The acquisition of WealthTouch accelerates Archway's growth strategy as it pursues new opportunities in the wealth management industry. By combining the best of both firms, Archway will be the undisputed leader in providing technology solutions and outsourcing services to private wealth management firms.

"Over the past twelve years, Archway has built a strong brand known for delivering next-generation technology and exceptional client service across the private wealth management community," said Jason Brown, Archway's CEO. "The opportunity to acquire WealthTouch serves as a strategic move for our organization to significantly extend our market reach and create an even more robust product and service offering for our current and future clients. This is a very exciting milestone in the history of Archway, as well as the wealth reporting industry, and we look forward to the promising road ahead."

"We are excited to join the Archway team and believe that the synergies between our two companies will result in a truly market-defining firm. The combined company will have nearly $200 billion in assets under reporting and serve the full spectrum of the complex private wealth market," said Craig Pearson, President of WealthTouch. "Our clients, and the market in general, will benefit from the scale and scope of services we will provide and together we will continue to lead the industry in technological and operational innovation."

Barnes & Thornburg LLP acted as legal counsel for Archway. Brownstein Hyatt Farber Schreck, LLP acted as legal counsel for WealthTouch.

About Archway Technology Partners, LLC

Archway Technology Partners (Archway) is a software company whose products support the accounting, investment management and reporting functions for Single Family Offices, Multi-Family Offices, Investment Advisors and Hedge Funds. Archway’s flagship technology platform, ATWeb, is a comprehensive Software-as-a-Service (SaaS) application that enables clients to simplify the operations and reporting of their firm through a single software solution.

For more information on Archway, please visit www.archwaytechnology.net.

About WealthTouch Holdings, Inc.

Founded exclusively to serve ultra-high net worth families and their trusted advisors, WealthTouch delivers greater financial clarity, control and peace of mind through its suite of innovative consolidated reporting solutions. The company aggregates and reconciles complex, multi-faceted financial data from thousands of different sources and transforms it into clear, concise, highly accurate reporting, which provides advisors and clients a powerful decision-making tool and true portfolio intelligence. Established in 2001, WealthTouch helps clients report across all asset classes, custodians and currencies to create an unbiased and independent view of a family's complete wealth picture. WealthTouch's secure, web-based technology platform provides multi-period, on-demand performance, allocation and transactional reporting that is elegant and easy to understand.

For more information on WealthTouch, please visit www.wealthtouch.com.

Sources: Archway Technology Partners LLC, WealthTouch Holdings Inc.