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TickerALTI
SectorAsset Management - Global
Mkt cap$560M
EV / EBITDAN/A
PostureRestatement Risk
Composite100/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1838615

AlTi Global, Inc.

ALTIRESTATEMENT RISKFILING INTENSITY

AlTi Global, Inc. reads as Restatement Risk (composite 100/100); pressure / disclosure signals dominate the posture this cycle · primary market Financial Infrastructure.

Lens

Disclosed M&A capital (2023–2025)

$7M

new

vs N/A in 2020–2022

Disclosed transactions

4

new

2/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

100

/100

Restatement Risk dominates · Filing Intensity

Financial snapshot
Revenue$257M
EBITDAN/A
Enterprise value$643M
EV / Revenue2.5×
EV / EBITDAN/A
P/EN/A
Cash$41M
Total debt$883K
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

3/100

Companies actively deploying disclosed capital into M&A

  • $7M disclosed buyer spend

Buyer Cadence

15/100

Buyer-side companies with recent filing activity

  • Filed within 39d
  • 75 8-Ks

Target Probability

20/100

Issuers showing target-side patterns from filings

  • 9 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 9 activism filings

Pressure Watch

49/100

Issuers facing activism, governance, or control pressure

  • 9 activism filings
  • Latest activism 1.8y ago

Distress Watch

44/100

Issuers showing financial-distress filing patterns

  • 10-Q 208d stale
  • 9 activism filings

Restatement Risk

Dominant
100/100

Issuers with accounting-integrity flags from filings

  • 2 non-reliance 8-Ks
  • 2 auditor changes
  • 6 NT late filings
  • Latest event 3mo ago

Capital Velocity

70/100

Issuers with the highest filing-activity intensity

  • 75 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $644M
  • 10-Q 208d ago
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $7M · Peak count: 3

FYDisclosed buysDisclosed spendAvg ticketAudited tier
20251$7M$7MN/A
20243N/AN/AN/A
2023N/AN/AN/AN/A
2022N/AN/AN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Bolt On
    25%
  • Geographic Expansion
    25%
  • Horizontal Consolidation
    25%
  • Platform
    25%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • bolt_on
  • geographic_expansion
  • horizontal_consolidation
  • platform
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Select acquisitions. We expect to continue to diligently evaluate and execute inorganic opportunities which will enhance our platform by broadening our global footprint or enabling us to expand our product offerings.

10-KFY2025

We have an acquisitive strategy for inorganic growth through acquisitions and joint ventures and believe the complementary nature of our services positions us well for organic growth across our business lines.

10-KFY2023

We expect to continue to diligently evaluate and execute inorganic opportunities which will enhance our platform by broadening our global footprint or enabling us to expand our product offerings.

10-KFY2024

Our strategy seeks to enhance our organic growth through acquisitions and integrations of other wealth and investment management businesses in both our existing and new markets.

10-KFY2024

We focus on the target firm’s profile, footprint, and fit.

10-KFY2025
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Financial Infrastructure

Market spend (2023–2025)
$186.1B
Market spend (2020–2022)
$98.1B
Recent vs prior
+90%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

N/AEV / EBITDA

ALTI trades at a -22.8-turn discount to the Financial Infrastructure peer median of 16.2×.

EV / Revenue
2.5×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
16.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
22.0×14.5×-0.4×$43B$1.8B
21.4×10.8×1.4×$7.9B$451M
16.2×8.2×3.2×$13.1B$10.3B
10.9×3.9×5.4×$8.8B$5.1B
2.3×2.7×-1.1×$187B$81.8B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Financial Infrastructure. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)62026-03-31
  • 10-Q (quarterly)152025-11-13
  • 8-K (event)752026-03-31
  • Proxy / DEF 14A112026-05-01
  • Activism (13D / DFAN / PREC)92024-08-12

Signals on file

  • critical

    Non-reliance disclosure

    2021-11-15

    2 Item 4.02 filings on file; financial-statement non-reliance.

  • elevated

    Auditor change

    2023-02-21

    2 Item 4.01 filings on file; certifying accountant change.

  • watch

    Late-filing notice

    2026-03-16

    6 NT 10-K/10-Q filings on file.

  • elevated

    Activism on file

    2024-08-12

    9 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

AlTi Global, Inc.: Issuer Brief | SE-Cluster