KPMG Spinoff BearingPoint Is Said to Consider $1 Billion Sale

BearingPoint, a technology and management consulting firm that spun out of KPMG, is exploring options including a potential sale, according to people familiar with the matter.

The firm is working with Bank of America Corp. to identify potential suitors, the people said, asking not to be identified discussing confidential information. Any deal may value BearingPoint at $1 billion or more and draw interest from both private equity and strategic bidders, they said.

Deliberations are in the early stages and there’s no certainty the company will decide to proceed with a sale, according to the people. A representative for Bank of ...