Mergers & acquisitions

March 13, 2013, 6:13 PM UTC

Advent Software Inc. (Nasdaq: ADVS) has hired Qatalyst Partners to advise on a possible sale of the company, according to Reuters. News of the possible deal sent Advent shares up more than 10%, valuing the accounting software company at nearly $1.5 billion.

, a British retailer owned by Wal-Mart Group (NYSE: WMT), is considering a bid for bankrupt HMV, according to The Telegraph. Restructuring firm Hilco also is expected to bid, having already purchased HMV’s debt. Deloitte is managing the process.

National Financial Partners (NYSE: NFP), a New York-based wealth management firm, has hired BoA Merrill Lynch to explore a possible sale, according to Reuters. NFP has a market cap of around $800 million.

Cordis Corp., a unit of Johnson & Johnson (NYSE: JNJ) has acquired Flexible Stenting Solutions Inc., an Eatontown, N.J.–based developer of flexible peripheral arterial, venous and biliary stents. No financial terms were disclosed. FSS had raised VC funding from Burrill & Co., Goodman Co. and GBP Capital.

Kohlberg Kravis Roberts & Co. has hired J.P. Morgan to find a buyer for its 50% stake in French floormaker Tarkett SA, according to Bloomberg. The deal could be worth upwards of $1.9 billion, with KKR also considering an IPO.

Sign up for my daily email newsletter on deals and deal-makers: