The reported Thoma Bravo-led bid follows reports last month that private equity giants Blackstone Group and Carlyle Group were joining forces on a bid for NCR. Reuters reported Friday, again citing unnamed individuals, the two private equity firms were “skeptical” they could pull off an acceptable bid.
An NCR spokesman declined comment. The company not commented to recent reports about possible buyout offers or their analysis of potential moves to sell assets or otherwise improve the company’s balance sheet and stock price.
NCR has been under pressure to boost the price of shares amid the company’s continuing effort to transform from a company mostly known for hardware into one that makes software and offers services.