Bridgepoint Group Plc is considering the sale of portfolio firm Kyriba Corp., in a deal that could value the treasury-management software provider at more than $2 billion, people familiar with the matter said.  

The buyout firm is in the early stages of evaluating options for San Diego-based Kyriba, the people said, asking not to be identified as the matter is private. Bridgepoint could launch a sale process in the coming months, one of the people said. 

Investors are still keen to deploy capital in the technology sector despite a recent sell-off which has brought down valuations. Private equity firm Hg agreed this month to acquire UK compliance software developer Ideagen Plc for about 1 billion pounds ($1.3 billion). In April, a consortium of investors offered to buy Basware Oyj in a deal valuing the Finnish software company at about 620 million euros ($652 million). 

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