BMC Software considers IPO

According to a report from Reuters, BMC Software is holding conversations with investment banks about an Initial Public Offering (IPO) that could give the company an enterprise value of more than $10 billion.

BMC is based in the Westchase area of Houston and is currently owned by two private equity firms, Bain Capital and Golden Gate Capital who took the company private in 2013 in a $6.9 billion leveraged buyout.

According to Moody’s the business had revenues of $1.8 billion for the year ending 30 September.

BMC hasn’t made any filings with the SEC yet and no timing has yet been determined.

Reuters : BMC explores IPO

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