Ponte Vedra Beach, FL – June 1, 2011- Harbor View Advisors, LLC served as exclusive financial advisor to Black Diamond Performance Reporting LLC, a leading provider of web-based, outsourced portfolio management and reporting platforms for independent advisors, in its $73 million sale to Advent Software, Inc. (NASDAQ: ADVS). This successful transaction is the culmination of a three-year relationship between Harbor View and Black Diamond in which Harbor View delivered a variety of strategic consulting and advisory services.

Black Diamond and its management team will lead the advisory strategy for Advent Software and will operate as an independent business group within Advent. Reed Colley, Black Diamond’s Founder and CEO, will become General Manager of the Black Diamond group, reporting to Peter Hess, Advent’s President. Black Diamond has grown revenues over 40% per year over the last two years. Upon closing, Advent expects Black Diamond to contribute just under $1 million per month of recurring revenues.

“I’m excited about joining forces with Advent. We are both driven by providing the best solutions for our clients,” said Black Diamond’s Founder and CEO Reed Colley. “Black Diamond now gains access to resources to accelerate both our product development and growth. The combination of Black Diamond and Advent is a great mix of our focused, innovative solutions with one of the most trusted pioneers in investment management technology. Together, I am confident we will continue to redefine how advisors use technology to grow their practices and achieve great results for their clients.”

About Harbor View Advisors
Harbor View Advisors works with clients in the software, technology-enabled services and business services industries. The firm’s unique approach combines the strategic thinking of a consulting firm with the execution experience of an investment bank to provide clients with the full spectrum of guidance they need to achieve their long-term goals. Harbor View offers mergers and acquisition advisory, corporate finance and private placement services, as well as outsourced corporate development and strategic consulting to fast-growing technology companies. For more information about Harbor View, visit http://www.harborviewadvisors.com.

About Black Diamond Performance Reporting
Black Diamond is a leading provider of Web-based, outsourced portfolio management and reporting platforms to independent advisors, wealth managers, banks, broker-dealers and family offices. Founded in 2003, Black Diamond currently reports on over $75 billion in advisor assets and is a pioneer in delivering daily reconciliation and performance reporting services through a dynamic, user-friendly and customizable platform. Black Diamond has been recognized as a top ten fastest-growing firm in Northeastern Florida for the past two years and one of the top three Best Places to Work in Jacksonville by the Jacksonville Business Journal. Black Diamond Performance Reporting is headquartered in Jacksonville, Florida, with offices in Dallas, Denver, Philadelphia, New York and San Francisco. For more information about Black Diamond services, visit http://www.blackdiamondreporting.com.