PE-backed Calypso Technology could sell for up to $2B – Barron's

Private equity-backed capital market software company Calypso Technology Inc. could be put up for sale in the first quarter, Barron's reported Jan. 4, citing four people familiar with the situation.

The San Francisco-based financial technology company, which was acquired by private equity firms Bridgepoint Advisers Group Ltd. and Summit Partners LP in 2016, could fetch as much as $2 billion in a sale, sources said.

The company tapped Evercore and Jefferies Financial to manage the sales process, which has yet to begin, they added.