Investment Giant KKR Considers $1.5B Sale of Tech Company BMC Helix

Friday, February 20, 2026 at 1:18 PM

Investment firm KKR is weighing the sale of technology company BMC Helix for potentially $1.5 billion, according to industry sources. The move comes as artificial intelligence concerns have dampened software company valuations and deal activity across the tech sector.

Investment powerhouse KKR is considering selling technology company BMC Helix in a deal that could be worth up to $1.5 billion, industry insiders report.

Sources familiar with the potential transaction say investment bank Jefferies is handling the sale process for Helix, and preliminary offers have already come in from both private investment firms and corporate purchasers. The sources requested anonymity since the discussions remain confidential.

Representatives from KKR and Jefferies refused to provide comment, while BMC Helix has not responded to inquiries about the potential sale.

This proposed transaction will gauge market interest in software company acquisitions during a period when artificial intelligence developments have created uncertainty about sector valuations and slowed deal-making activity.

BMC Helix operates as an artificial intelligence-powered platform that helps large companies automate their IT support services, handle technical problems, manage computer assets, and oversee complex technology systems. The company faces competition from other IT management firms like ServiceNow.

Industry sources indicate the company produces approximately $150 million in core earnings and brings in $750 million in recurring annual revenue. Based on these financial metrics, potential buyers might value Helix at eight to ten times its core profits, reaching the $1.5 billion price range, according to the sources.

This sale opportunity stems from KKR’s 2025 restructuring that separated the Helix division into its own standalone entity specializing in IT services and operations. Meanwhile, the original parent company BMC Software continues operating its mainframe and software automation divisions.

Following the Helix transaction, KKR intends to start preparing BMC Software for a public stock offering as soon as 2026, sources revealed.

Technology company values have declined recently as stock market investors express concerns that artificial intelligence advances might disrupt traditional software business operations. This broader software market downturn has also caused some merger and public offering plans to be postponed.

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