Bain Capital is considering selling human resources software developer Works Human Intelligence Co (Works) for as much as $ 2 billion, according to a report by Bloomberg.
The report cites unnamed sources as revealing that the private equity firm is already working with an adviser on the details of a potential deal and has been in touch with potential buyers. It’s reported that Bain is open to either a sale of its full stake in Works or a partial sale.
Founded in 1996 as Works Applications Co., Works is a Tokyo-based company offering software for payrolls, attendance management, talent management, and a human resources chatbot, according to its website.
Read more: Private Equity wire
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