Aug 26 (Reuters) - Private equity firms Summit Partners

and Vista Equity Partners are exploring a potential sale of

Trintech that could value the financial software provider at

about $2 billion, including debt, according to people familiar

with the matter.

Trintech's owners are working with investment bankers at

Deutsche Bank on a sale process that could attract interest from

other private equity firms, the two sources said, requesting

anonymity as the discussions are confidential.

Plano, Texas-based Trintech generates roughly $200 million

in annual revenue and about $90 million in earnings before

interest, taxes, depreciation, and amortization, the sources

said. Trintech's owners expect to command a valuation equivalent

to more than 20 times the company's core profits, the sources

added.

Summit Partners and Trintech did not respond to requests for

comment. Deutsche Bank and Vista declined to comment.

Trintech is a provider of cloud-based software that caters

to finance and accounting departments at corporations, helping

them collect, process, and analyze financial information to

improve their business performance.

Trintech, which counts Toyota Motor Corp ( TM ) and

football team Dallas Cowboys among its customers, serves about

4,200 organizations across several industries including retail,

technology, and manufacturing, according to its website. In

2023, Trintech acquired a financial software business from

Fiserv, gaining 400 new customers as part of the deal.

Summit Partners acquired a majority stake in Trintech in

January 2018 from Vista, which first invested in the company in

2015 and continues to hold a stake.