Permira Weighs Sale of Software Company TeamViewer

  • German company provides software services to small business
  • Buyout firm acquired TeamViewer for about $1 billion in 2014
Lock
This article is for subscribers only.

Permira, one of Europe’s biggest private equity companies, is considering options for business software maker TeamViewer GmbH following approaches from interested parties, according to people with knowledge of the matter.

The buyout firm is working with an adviser to examine options for TeamViewer, said the people, who asked not to be identified because the deliberations are private. The Stuttgart, Germany-based company, which could fetch between 1.5 billion euros ($1.7 billion) and 2 billion euros, is likely to attract interest from strategic buyers and private equity firms, the people said.