02:38 PM EDT, 04/10/2024 (MT Newswires) -- KKR & Co ( KKR ) is considering selling BMC Software after other private-equity firms showed an interest in the IT business, Bloomberg reported Wednesday, citing people familiar with the matter.

KKR prefers an initial public offering of the business but has yet to make a final decision on its options, the people reportedly said.

BMC Software confidentially filed to go public in February 2023 at a valuation of up to $15 billion, according to reports at the time.

A BMC Software spokesperson told MT Newswires the company did not comment on KKR plans.

KKR did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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