A Warrington-headquartered company which develops intelligent robotic process automation software is in talks with two private equity firms over possible takeovers.
Blue Prism Group, which also has a base in London, has confirmed it is in discussions in separate talks with TPG Capital and Vista Equity Partners.
TPG Capital is headquartered in the US and has previously invested in the likes of Airbnb, Burger King and Spotify.
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Vista Equity Partners is also headquartered in the US and currently has stakes in UK companies such as Advanced, Allocate and Finastra.
As well as its bases in the UK, Blue Prism Group also has operations in the US, Europe, the Middle East and Asia.
Shares in the group surged by about 40% following the announcement of the talks.
Blue Prism's customers include eBay, Siemens, Jaguar Land Rover and the NHS.
A statement issued to the London Stock Exchange's AIM said: "Blue Prism notes the recent speculation and confirms that it is in discussions with TPG Capital and Vista Equity Partners regarding possible offers for the entire issued, and to be issued, share capital of Blue Prism.
"There can be no certainty that any offer will be made, nor as to the terms of which any offer would be made.
"A further announcement will be made if and when appropriate.
"This statement is being made by Blue Prism without the consent of TPG or Vista."
The news comes after the group announced its half-year results for the end of April 2021 in which its revenue surged by 24% to £80.4m and its pre-tax losses were slashed from £54.1m to £21.5m.
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The group's current major shareholders include Jupiter Fund Management, HMI Capital Fund GP, its CEO and chairman Jason Kingdon, Ameriprise Financial and Abrams Bison Investments.
