Private equity firms are shelving nearly $20 billion worth of deals to sell European technology companies amid the coronavirus pandemic, Bloomberg News reported, citing people familiar with the transactions.

Vista Equity Partners LLC's plans to sell up to a 50% stake in payments company Finastra Group Holdings Ltd. were put on hold after drawing interest from potential buyers. The investment firm aims to value the company at more than $10 billion including debt, according to the news outlet.

Visma AS's investors, including HgCapital LLP, also halted the sale of a minority stake in the software developer in a deal that could value Visma at about €7 billion including debt, sources told Bloomberg.

Vitruvian Partners LLP deferred the auction process for the sale of transport management software provider Unifaun AB, while Vector Capital is pausing its sale of marketing software Emarsys Interactive Services GmbH.

Vista Equity, Finastra, Visma, HgCapital, Vitruvian and Vector representatives declined to comment, while Unifaun and Emarsys did not respond immediately to Bloomberg's requests for comment.