3i Said to Mull Options Including Sale of French IT Firm Evernex

3i Group Plc is exploring exit options including a sale for Evernex, a French provider of third-party maintenance services for data center infrastructure, according to people familiar with the matter.

The investment firm is working with Bank of America Corp. on the potential deal, the people said, asking not to be identified discussing confidential information. Evernex could be valued at €1.2 billion ($1.4 billion) to €1.5 billion in a sale, the people said.

Considerations are preliminary and 3i could still decide to keep the business for longer, the people said. Representatives for 3i and Bank of America declined to ...