Retained buy-side M&A advisory

Accelerate GrowthThrough Strategic M&A

Rialto Advisory exclusively works on retained mandates for specific buyers within Software and IT Services. We focus our efforts on thesis driven M&A where we can help move the needle. Our team will never shop deals across a client list. Our processes are relationships-driven, starting the conversations now that make the shortlist later.

$1B+ EVclosed as investors and advisors $0 Feescharged to business owners, EVER 10+ Yearsof deal origination experience Industry ExpertiseEnterprise Software & IT Services Retained Onlyone mandate at a time $1B+ EVclosed as investors and advisors $0 Feescharged to business owners, EVER 10+ Yearsof deal origination experience Industry ExpertiseEnterprise Software & IT Services Retained Onlyone mandate at a time $1B+ EVclosed as investors and advisors $0 Feescharged to business owners, EVER 10+ Yearsof deal origination experience Industry ExpertiseEnterprise Software & IT Services Retained Onlyone mandate at a time $1B+ EVclosed as investors and advisors $0 Feescharged to business owners, EVER 10+ Yearsof deal origination experience Industry ExpertiseEnterprise Software & IT Services Retained Onlyone mandate at a time
Why now

Deal sourcing is changing

Owners are buried in generic pitches and can't tell a real buyer from a fake one, and even the real buyers may not have the right timing or know the best avenues to reach out. We run a different process: targeted, thesis-driven outreach built on trust and real relationships.

Typical outreach
Mass-blast, generic pitches
Unclear, unverified buyers
No sense of timing or fit
Result: inbox fatigue, ignored
The Rialto Approach
Thesis-driven, targeted outreach
Retained buyer, real mandate
Relationship-first, long-term oriented
Result: better conversion, high priority conversations

100s of conversations behind every closed deal.

Rialto owns the work of building your investment pipeline by finding, qualifying, and keeping relationships warm, so your pipeline never runs dry and your team stays focused on execution.

What we do

Four workstreams, one dedicated team

Run in sequence or in parallel depending on where you are in a deal.

01

Thesis formation

Translating your investment criteria into a specific, actionable sourcing thesis before outreach ever begins.

02

Deal origination

Targeted, relationship-led outreach in place of broad blasts — reaching the companies that actually fit your thesis.

03

Relationship management

Sustained, high-touch conversations over time — it typically takes hundreds of touches to find the right fit and keep it warm.

04

Commercial due diligence

Market sizing, competitive positioning, and customer reference work to support live processes every step of the way.

New
Who we partner with

Institutional buyers with access to capital

We are an extension of deal execution teams.

PE Firms

Investment teams and business development professionals building proprietary deal flow.

PE-Backed Strategics

Corporate development and executive teams executing add-on acquisitions.

Family Offices

Investment professionals looking to expand their portfolio.

Independent Sponsors

Experienced M&A professionals looking to expand access to deals.

Search Funds

Motivated buyers looking to buy and operate a single business.

How it works

From acquisition thesis to closed deal

On average it takes hundreds of conversations with different companies to close one deal. We take over that process, so that investors can focus on execution. Here's how we run that process on your behalf.

1

Form the thesis

Define the market, acquisition criteria, and strategic priorities.

2

Source and qualify

Map high-priority companies and shape a relevant outreach strategy and have conversations with companies to establish fit before it reaches your desk.

3

Build relationships

Lead owner conversations and evaluate fit, timing, and next steps.

4

Support diligence

Ensure flow of communications and assist teams on evaluation of live investment opportunities.

Sourcing never stops

Deal flow doesn't pause when a company reaches diligence. We keep building relationships and adding new opportunities behind the scenes — because deals fall through, and a pipeline built once goes cold. Ours stays continuous.

Why owners work with us

A trusted partner, not another vendor

We're dedicated to retained mandates only, so we never shop deals around. If our team reaches out, it is on behalf one specific strategy.

One mandate, never shopped

We're retained by a single client at a time and never run a company through parallel processes trying to close as many deals as possible. Every conversation is part of one focused, thesis-driven search.

An extension of our clients

We operate as an extension of PE business development teams and corporate development functions. When we reach out to you it is because we are working on a defined mandate, and we believe there is a strong fit. We are never fishing for data.

Deep understanding of technology

Our team's background as technology investors sets us apart. That operating experience helps us build stronger relationships with company owners and move M&A processes forward.

Compensated by the buyer

Our fees are paid entirely by the buy side. There is no fee, referral cost, or monetization on the seller at any point in the process — you're never the product.

We have deep industry expertise

Exclusively focused on Enterprise Software and IT Services

We stay within Enterprise Software and IT Services, so our work and knowledge compounds over time instead of resetting with every mandate.

Vertical SaaS IT Services Artificial Intelligence Cybersecurity Healthcare IT FinTech

Built by technology investors, not career bankers

Our team invested in and operated software companies before founding Rialto. That depth builds faster trust with the technical teams we approach, and sharper judgment on what's actually worth your time.

Former software investors

Years spent evaluating and backing technology companies before founding Rialto.

Deep technical fluency

We speak the language of product, engineering, and go-to-market, not just deal terms.

Operator experience

Hands-on experience building and scaling technology businesses, not just advising on them.

Client Dashboard | for retained clients only*

A growing pipeline, in real time

Every company we're evaluating for our clients lives in one place. It is constantly growing and evolving as new opportunities are sourced or as mandates evolve.

Real-time stage for every company, from sourced to close
New companies added, and companies passed on with our reasoning
A full profile per company with all detailed notes, documents, correspondence, and discussions
Export the entire pipeline anytime to share with your broader team
Active pipeline
Meridian FSM GroupDiligence
Northgate InfraIntroduced
Vantry Managed ITLOI
Harborline Data SystemsTracking
Clearpath DevOpsNew Company
Brightline AnalyticsPassed
*Illustrative workspace

Let's partner on your next mandate

We take on a small number of retained engagements at a time. If you're investing in software or IT services, let's discuss how we can help you.

Email info@rialto-advisory.com