KKR Said to Weigh Sale or IPO for $15 Billion BMC Software (1)

KKR & Co. is again reviewing options to exit IT solutions firm BMC Software Inc., which could be worth about $15 billion including debt in a sale or initial public offering, people familiar with the matter said.

The buyout firm has received inbound interest from other private equity firms interested in potentially acquiring Houston-based BMC, according to the people, who asked not to be identified discussing confidential information.

While no final decisions have been made, KKR still favors an IPO of the business, which filed confidentially last year with the US Securities and Exchange Commission for a listing, they ...