Bain Capital and KKR are expected to tender offers to acquire Australian software company MYOB, Reuters reports. The buy-out firms are among the potential bidders for the company, which may fetch around $1 billion. Archer Capital and HarbourVest Partners had purchased MYOB for nearly $452.01 million in 2008, with $251.17 million five-year debt from BOS International Australia, ANZ, Westpac Banking, GE Commercial Finance, Calyon, Royal Bank of Scotland, UBS and WestLB. UBS is advising Archer and HarbourVest on the sale.

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