Italy’s Clessidra Said to Weigh Sale of Software Firm Impresoft

Clessidra Private Equity is weighing options for Impresoft, including a sale that could value the software firm at about €800 million ($885 million), people familiar with the matter said.

The Italian private equity firm is doing so after receiving unsolicited interest in the business from both industry players and buyout firms, according to the people. It is looking to prepare an auction process and a potential sale could gather momentum next year, they said.

Deliberations are in the very early stages and Clessidra could decide against a sale of Milan-based Impresoft, the people said, asking not to be identified ...