Private equity firm Thoma Bravo is exploring a sale of automation software provider Kofax in Irvine, Bloomberg News reported, citing people with knowledge of the matter.
Thoma Bravo is working with an adviser to solicit potential interest in the company, which could fetch about $3 billion including debt, the people said. No final decisions have been made and Thoma Bravo could opt to keep Kofax, Bloomberg said.
A Thoma Bravo representative declined to comment and a Kofax spokeswoman didn’t immediately respond to a request for comment, Bloomberg said.
Kofax is led by Chief Executive Officer Reynolds Bish.Â