Evercore (EVR) is advising private equity firm Insight Partners in exploring a possible $4 billion sale of Tricentis, Reuters reported Friday, citing people familiar with the matter.
Evercore is attempting to solicit interest from potential buyers that include other private equity firms, the report said.
Evercore did not immediately reply to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)