Bain Is Said to Explore Options for $5 Billion Rocket Software

Bain Capital is exploring options including a sale of Rocket Software Inc., which could be valued at more than $5 billion, including debt, in a transaction, according to people with knowledge of the matter.

The private equity firm is planning to solicit interest in the Waltham, Massachusetts-based company in 2024, said the people, who asked not to be identified discussing confidential information.

Bain hasn’t made a final decision to pursue a sale and its plans could still change, the people said. Rocket is also continuing to pursue growth, including via acquisitions of its own, one of the people said. ...