Vista Mulls $2.5 Billion Sale of Software Maker Quickbase

Vista Equity Partners is exploring a sale of Quickbase that may value the software company at more than $2.5 billion, including debt, according to people with knowledge of the matter.

The technology-focused investment firm is working with an adviser to solicit interest in the Boston-based company, said the people, all of whom requested anonymity discussing confidential information. No final decision has been made and Vista could opt to hold onto the business.