Deals
Atoss Software Founder Weighs Options Including Sale
- German group has attracted interest from Hg, Carlyle, Permira
- Atoss shares have slumped this year amid broad tech selloff
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The founder of Atoss Software AG is exploring strategic options for the German-listed developer after attracting takeover interest from private equity firms, people familiar with the matter said.
Atoss Chairman Andreas Obereder is working with advisers as he discusses possibilities including a sale, the people said, asking not to be identified discussing confidential information. The company has attracted interest from buyout firms including Hg, as well as Carlyle Group Inc. and Permira, though some have dropped due to concerns over valuation, the people said.