Vensure Said to Weigh Sale Options at $5 Billion-Plus Valuation

Private equity-backed Vensureis exploring the sale of a stake that could value it at more that $5 billion, people familiar with the matter said, at a time when buyout firms are returning to big-ticket dealmaking.

The human resources software provider, whose investors include Stone Point Capital LLC, is working with advisers as it weighs the sale of a minority or majority stake, according to the people. The company is expected to kick off a sale process early next year, they said.

Vensure’s deliberations are still in the early stages and there’s no certainty the Chandler, Arizona-based company will ...