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Buyout Firm EQT Weighs Bid for Swiss Software Specialist Temenos

  • Firms are in the early stages of considering Temenos offers
  • Deal would be biggest takeover of a Swiss company since 2017
Christian Sinding, chief executive officer of EQT Partners AB.

Christian Sinding, chief executive officer of EQT Partners AB.

Photographer: Stefan Wermuth/Bloomberg
Updated on

EQT AB and Thoma Bravo are exploring potential bids for Swiss banking software specialist Temenos AG, according to people familiar with the matter.

The buyout firms are in the early stages of considering offers for Temenos, which has a market value of 9.8 billion Swiss francs ($10.7 billion), the people said, asking not to be identified discussing confidential information.