EQT Said to Pick Evercore for Sale of Data Management Firm Rimes

EQT AB has chosen Evercore Inc. to help with a potential sale of data management company Rimes Technologies, people with knowledge of the matter said.

The Swedish investment firm and its adviser are working to gauge interest in Rimes, which could be valued at as much as €2 billion ($2.1 billion), according to the people. A formal sale process could kick off early next year, they said.

Deliberations are at an early stage and there’s no certainty they’ll lead to a transaction, the people said, asking not to be identified discussing confidential information. Representatives for EQT and Evercore ...