Bain Said to Mull Fresh Bid for SoftwareOne If Board Ousted
- Founders are seeking to replace board to facilitate a deal
- Shareholders say take-private transaction still best outcome
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Bain Capital is interested in making another attempt to buy SoftwareOne Holding AG if the Swiss company’s founding shareholders succeed next month in ousting the board of directors, according to people familiar with the matter.
A deal could be back on the table after the SoftwareOne shareholder meeting April 18, said the people, declining to be identified because the information is private. The founders — Daniel von Stockar, Beat Curti and René Gilli, who were working with Bain Capital on the bid — are seeking at that meeting to replace the board with their own candidates.