Partners Group-Backed Form Technologies Said to Weigh Sale

Partners Group Holding AG-backed Form Technologies is exploring strategic options that may include a potential sale, according to people with knowledge of the matter.

The industrial manufacturer faces about $900 million of debt that comes due for repayment next year, said some of the people, who asked not to be identified discussing a private matter. The company’s roughly $633 million first-lien term loan is quoted at around 95 cents on the dollar, according to data compiled by Bloomberg.

Talks are ongoing and there’s no certainty they’ll result in a sale, the people said. A representative for Partners Group ...