KKR-Backed BMC Plans IPO Valuing It at Up to $15 Billion

BMC Software, a technology company owned by KKR & Co., has confidentially filed for an initial public offering, according to people with knowledge of the matter.

The company, which could be valued at $14 billion to $15 billion, has tapped Goldman Sachs Group Inc. as lead underwriter, said the people, who asked not to be identified because the information is private. An IPO could occur later this year if the market for new listings rebounds, though it’s possible that BMC could pursue other options, such as a sale, they said.