Bridgepoint Group Plc is considering the sale of 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.

Bridgepoint hasn't formally mandated an adviser for the sale, according to the person. The business could draw interest from both strategic and financial investors, the people said.

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