KKR Said to Prepare Sale of BMC Helix at $2 Billion Value (1)

KKR & Co. is preparing to sell BMC Helix in a deal that could value the information technology management company at about $2 billion, including debt, people familiar with the matter said.

The alternative asset manager is working with advisers to sell the business, which is being split from BMC Software, according to the people, who asked not be identified discussing confidential information. BMC said in October when it announced the separation that the two units would begin operating as independent businesses this year.

BMC Helix focuses on software tools that monitor and manage all the technology in an ...