Exclusive: Bain Capital Explores $10 Billion Sale of Rocket Software

Generated by AI AgentWesley Park
Wednesday, Feb 26, 2025 3:37 pm ET1min read
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Bain Capital, the renowned private equity firm, is reportedly considering a sale of RocketRCKT-- Software, a leading provider of enterprise modernization and automation solutions. According to sources familiar with the matter, Bain CapitalBCSF-- is exploring a sale that could value the company at up to $10 billion, including debt. The potential deal would mark one of the largest leveraged buyouts in recent times and raise hopes of more large exits for private equity firms.

Rocket Software, founded in 1990, has grown significantly under Bain Capital's ownership. The company, which specializes in IBMIBM-- Z, IBM i, and MultiValue application platforms, has expanded its customer base to include 43 of the Fortune 50 companies and has more than 12,500 corporations as clients. Rocket Software's expertise in helping organizations modernize and automate their IT operations has made it an attractive target for potential acquirers.

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