Vista-Backed Allvue Files IPO Showing Revenue Gain, Bigger Loss

Allvue Systems Holdings Inc., a software maker serving private capital fund managers and family offices, filed for an initial public offering, disclosing mounting revenue and losses.

The company in its filing Friday with the U.S. Securities and Exchange Commission listed the size of the offering as $100 million, a placeholder that will change when terms of the share sale are set.

The listing could value the company, backed by private equity firm Vista Equity Partners, at $2 billion to $3 billion, Bloomberg News reported in April.

Allvue, based in Coral Gables, Florida, had a net loss of $21 ...