KKR explores sale of BMC Helix for up to 1.5 billion dollars

Private equity firm KKR is exploring a sale of its AI-driven IT service unit BMC Helix for 1.5 billion dollars. The move follows a strategic spinoff in 2025.

Insights:
Private equity firm KKR & Co. Inc. is exploring a sale of its information services business, BMC Helix, in a transaction that could value the company at up to $1.5 billion. The potential sale, which is currently under discussion, is expected to serve as a critical litmus test for investor appetite and valuation benchmarks within the software sector. The move comes at a time when the industry is navigating significant uncertainty regarding the long-term impact of technological shifts.
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo
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