Vista-Backed Allvue Said to Plan IPO at Up to $3 Billion Value

Allvue Systems, a software maker serving private capital fund managers and family offices, is planning an initial public offering this year, according to people with knowledge of the matter.

The listing could value the company, backed by private equity firm Vista Equity Partners, at $2 billion to $3 billion, said the people, who asked not to be identified because the information is private. Allvue is also considering a sale and has reached out to potential buyers, they said.

Goldman Sachs Group Inc. is advising Allvue on its plans, the people said. Allvue hasn’t decided which course to pursue ...