FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

ZURICH/FRANKFURT (Reuters) – Financial investor KKR is preparing Swiss software group SoftwareONE for a bourse listing, sources told Reuters on Friday.

KKR has hired investment bank Rothschild to plan an initial public offering (IPO) of SoftwareONE, several people familiar with the matter said, adding that the IPO could take place this year.

The company is expected to be valued at several billion Swiss francs.

SoftwareONE and KKR declined to comment. Rothschild had no immediate comment.

Since taking over German IT firm Comparex earlier this year, SoftwareONE employs around 5,500 people. The company, headquartered