The personal fairness group which owns compliance and power providers group Sureserve is among the many bidders circling a division of NCC Group, the London-listed cybersecurity firm.
Metropolis sources mentioned that Platinum Fairness, a US-based buyout agency, was additionally amongst Escode’s suitors.
Curiosity from earlier bidders, together with Bridgepoint and Montagu Personal Fairness, is alleged to have waned.
A deal may price any purchaser within the area of £300m.
The Escode course of is being dealt with by bankers at Lazard, with the cybersecurity division’s evaluate overseen by Rothschild.
NCC has confirmed each units of discussions to buyers, though their end result stays unclear.
The group employs about 2,200 folks throughout Europe, North America and Asia-Pacific.
Shares in NCC Group had been buying and selling on Wednesday morning at about 146.8p, giving the corporate a market valuation of roughly £467m.
Cap10 and NCC declined to remark, whereas Platinum couldn’t be reached for remark.
